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Russia's Consumer Boom



Uploaded by: RussiaToday
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Russia is experiencing a dynamic consumer boom. Millions of citizens today can afford to shop until they drop - like their western peers. And at the moment, there appears to be no end in sight. But Russia's economic miracle is not without complications. Inflation, growing income disparity, limited savings, and the persistence of corruption are challenges to be overcome.




Tags for this video: Boom Consumer context corruption economy in income Lavelle mart money Peter Russia's sale savings shop shopping store

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Array ( 1 year ago by RmanDC)
Interesting.
How does the picture look in central and eastern russia?
In big and ... ( 1 year ago by DmitriRus)
In big and middle-size cities the picture looks about the same all over Russia. But in many small towns and rural areas people still live in poverty, especially the pensioners.
It looks like ... ( 1 year ago by LoparXL)
It looks like Russia could be on the verge of greatness. Hopefully the government, businesses and middle class won't mess it up by squandering their wealth on temporary gain and losing this opportunity.
Array ( 1 year ago by whoever330)
fuck Capitalism
instead of individualist decadent consumerism, Russia's new wealth should be spent developing the country, on science, factories, farms, culture, not fashion clothes, junk food and DVDs.
Russia Chna India ... ( 11 months ago by bgrRussak)
Russia Chna India and Indonesia is the future and the west is the past we say god bay to USA and to EU
Russia - the ... ( 11 months ago by cskor)
Russia - the economic miracle of all-time
Free Markets work ... ( 10 months ago by gizmosells)
Free Markets work well overall, and the way to reduce disparties is thru progresive taxation, and tax credits for the working poor. Buying DVDs, and flat screen tvs is good for the economy.
Russia can take ... ( 10 months ago by gizmosells)
Russia can take examples from Canada, Sweden to develop the social programs to help the poor, or use earned income tax credits for the working poor. Farming only survies with govt handouts that how west build the efficent farms, but IMF says no but they full of bs
Allah save all of ... ( 7 months ago by InHocSingoVinces)
Allah save all of our beautiful people from the American Scourge!!!
Allahu akbar Muhammad razul :)
Thats what ... ( 7 months ago by iwuzbored)
Thats what Capitalism is doing, its like this, people want to buy useless things that make them happy, the money goes to the company selling them, that company pays taxes, taxes are used on developing the country, basically everyone wins. Besides havent you noticed how much Russias technology expanded, how much living conditions improved, and how much richer Russia became using Capitalism?
The poverty level ... ( 5 months ago by jvarela965)
The poverty level is 50% not 15%. Modern Russia resembles the Shah's Iran of the 1970's. To Putin's credit he has taken the oil windfall and has been prudent with it. Brezhnev squandered the first oil boom money of the 1970's away on useless projects.


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