Putin, Rysslands fiende no 1. >>For the masses, the association - TopicsExpress

Putin, Rysslands fiende no 1. >>For the masses, the association between Vladimir Putin and rising living standards may soon be broken, while for the elite the Russian president no longer looks like a guarantor of economic stability. Within government there is talk of significant cutbacks and even mass lay-offs at state corporations like Gazprom. There is also a risk that to escape the currency crisis Russia may face a period of inflation, inflicting further wounds on ordinary peoples living standards. Russias middle classes are already facing onerous mortgage repayments, and the imported goods and foreign holidays they enjoy may become unaffordable.

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