Tuesday, December 30, 2008

Crisis hitting Russia

These are some of my personal observations of the economic crisis hitting Russia. Prices are going up. As you shop for groceries you can see staff replacing price tags. Salaries are being cut. Even among my friends, some were laid off and others had their salaries go down by 50 %. There are a lot of beggars around and people selling various things on the streets, from dry mushrooms to fluffy sleepers, in freezing cold temperatures.

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