09/10: Money
Today I met a man who lost $100 mln. in the stocks during current financial crisis. This is significant part of his fortune but he seems to be ok, even positive.
We had so much money in Moscow lately. Due to the high prices for the natural resources, money has flooded in the country and it's heart — the city. Fortunes were spent just to show off and we got really used to it — the money. The city become so expensive to live in with it's fancy cafes where they serve cup of coffee for $8 (and there were no niche for normal cafes with the real estate prices climbing into the sky).
Things has to be changed now, the stock market has lost about 60% of the value, there are cuts is financial and real estates sectors. There is a strong feeling in the city that we are on the edge. People got nervous, many of us has something to loose or should I say to get (cheap coffee for example).
We had so much money in Moscow lately. Due to the high prices for the natural resources, money has flooded in the country and it's heart — the city. Fortunes were spent just to show off and we got really used to it — the money. The city become so expensive to live in with it's fancy cafes where they serve cup of coffee for $8 (and there were no niche for normal cafes with the real estate prices climbing into the sky).
Things has to be changed now, the stock market has lost about 60% of the value, there are cuts is financial and real estates sectors. There is a strong feeling in the city that we are on the edge. People got nervous, many of us has something to loose or should I say to get (cheap coffee for example).
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Alexandra wrote: