Russians are snapping up Porsche sports cars and Lexus sport-utility vehicles to protect against the falling ruble from eroding their savings.
.... It’s not just the wealthy seeking high-end cars. Russians of all stripes are looking to convert their rubles as the currency has tumbled 19 percent against the dollar since Nov. 1.Would you buy a used Lada from this man;
Vladimir Putin’s confrontation with the U.S. and Europe augurs a new deal for his 144 million subjects.
Instead of the rising living standards he’s delivered the past 15 years in exchange for the public’s acquiescence, the Russian president now holds out declining wages and more austere lifestyles as the price of swollen national pride.That's life in the big petro state.