Topic: Economic crisis in Russia (Read 14108 times)

Dmitry · « **on:** December 03, 2014, 11:45:57 AM »

Russia pays dearly for Olympic games, Crimea, Ukraine...
The devaluation of rubble is threatening. A year ago $1 cost 33 rubles and €1 - 45 rubles, now $1 costs 54, and €1 = 67 rubles

All around (incl. petrol and food) is constantly going up, but salary stay the same.
Сonsidering also that most goods (food, electronics, children things etc.) are from abroad, you can imagine how is our life here.
I always bought things from EU, US and Japan, because quality of Russian things is unsatisfactorily.
Even my car is Renault and all my websites one day migrated from Russian hosting to American one.

http://online.wsj.com/articles/ruble-hits-new-low-as-oil-prices-drop-1417441184

I always recieve about 100 thousands rubles a month. It was 3000 bucks year ago, and only 1800 now.
I host Beatles website and forums at justhost.com and have to pay for 2015 year $143.88. I say about it in case you know what it could mean

Dmitry · « **Reply #1 on:** December 12, 2014, 12:58:25 PM »

Just count up how much my appartments cost now. $127 thousands. Two years ago it was $187 thousands.
Entertaining arithmetic

Dmitry · « **Reply #2 on:** December 16, 2014, 09:12:47 AM »

I know you're not so interested as I am, but it really looks like Russia is sinking. Wow! I wish I could leave the boat...

$1 costs 65, and €1 = 80 rubles.
It means prices here will grow up at least in two times.

I always knew that Russia is very weak, because its budget 75% consists of revenue from oil and gas. Putin only knows how to sell natural resources, spend money recklessly and steal boldly. He has nothing to say us except that everything is under control.

Dmitry · « **Reply #3 on:** December 16, 2014, 12:03:39 PM »

Sorry, Putin. Russia’s economy is doomed

Quote

...Russia doesn't so much have an economy as it has an oil exporting business that subsidizes everything else. That's why the combination of more supply from the United States, and less demand from Europe, China, and Japan has hit them particularly hard. Cheaper oil means Russian companies have fewer dollars to turn into rubles, which is just another way of saying that there's less demand for rubles—so its price is falling. It hasn't helped, of course, that sanctions over Russia's incursion into Ukraine have already left Russia short on dollars.

http://www.washingtonpost.com/blogs/wonkblog/wp/2014/12/15/russias-economy-is-doomed-its-that-simple/

Dmitry · « **Reply #4 on:** December 22, 2014, 08:13:24 AM »

Funny things. There is a lot of foreigners in Moscow and St. Petersburg who came for shopping. They buy things here which are now much cheaper than in Europe and America. And some things they are buying were made in their countries

For example, you could buy a German car which were two times cheaper than the same one in Germany.

There is now a large inflow of foreign currency.

Badgirl66 · « **Reply #5 on:** December 22, 2014, 05:01:01 PM »

Let me guess Mercedes?

Dmitry · « **Reply #6 on:** December 23, 2014, 05:38:06 AM »

Right! All cars, BMW, Volkswagen...
By the way, it was a couple days ago when they stop selling because all cars where sold.
Also so happend that now Russian cars are one of the cheapest in the World, they not so good though.

Dmitry · « **Reply #7 on:** December 23, 2014, 08:09:05 AM »


Купить все: из-за падения рубля москвичи выстроились в огромные очереди

I don't know why I'm sure these people voted for Putin in elections. Now they cry.


Russians Buy Cars as Ruble Tumbles: Collapsing currency leads to record auto sales


Rouble’s drop drives Russian sales surge

Hello Goodbye · « **Reply #8 on:** December 24, 2014, 06:51:58 AM »

Quote from: Dmitry on December 23, 2014, 05:38:06 AM

Right! All cars, BMW, Volkswagen...
By the way, it was a couple days ago when they stop selling because all cars where sold.

Oksana will need more of these...

Dmitry · « **Reply #9 on:** December 30, 2014, 06:02:27 AM »

Dmitry · « **Reply #10 on:** January 15, 2015, 06:01:57 AM »

Next phase of crisis - I'm getting fired

Bobber · « **Reply #11 on:** January 15, 2015, 03:55:26 PM »

Quote from: Dmitry on January 15, 2015, 06:01:57 AM

Next phase of crisis - I'm getting fired

That sucks big time.

Normandie · « **Reply #12 on:** January 15, 2015, 10:52:28 PM »

Quote from: Dmitry on January 15, 2015, 06:01:57 AM

Next phase of crisis - I'm getting fired

Dmitry, so sorry to hear this.

I have to echo Cor: That sucks.

KelMar · « **Reply #13 on:** January 16, 2015, 02:44:41 AM »

Aw, Dmitry, I'm sorry to hear this.

Dcazz · « **Reply #14 on:** January 16, 2015, 03:57:17 AM »

That's terrible. Sorry to hear.

Dmitry · « **Reply #15 on:** January 16, 2015, 06:01:53 AM »

I don't know how to treat this.
On one hand this is an opportunity to change something in my life,
on the other - it is very hard to find a good job because of crisis.

Moogmodule · « **Reply #16 on:** January 16, 2015, 06:48:56 AM »

That's no good Dmitry. Best of luck in finding a new one.

Dmitry · « **Reply #17 on:** January 16, 2015, 08:12:30 AM »

Thanks!

If someone out of Russia had a job offer for me, I'll move

Bobber · « **Reply #18 on:** January 16, 2015, 08:35:51 AM »

Teaching Russian somewhere?

Dmitry · « **Reply #19 on:** January 16, 2015, 01:04:42 PM »

Wow! Nice idea!

News:

Author Topic: Economic crisis in Russia (Read 14108 times)

Bobber

KelMar

Bobber