So bad that there is widespread hoarding as a precaution agains economic collapse. As Bloomberg reports, Russian citizens are:
… are snapping up Porsche sports cars and Lexus sport-utility vehicles to protect against the falling ruble from eroding their savings. With steeper price increases looming next year, sales of Porsche vehicles, such as the Cayenne crossover, jumped 55 percent last month and Lexus demand surged 63 percent.
Well, they’ve got plenty of oil. Cheap gas, expensive cars … life is good. Sort of.
