VERSIONS: روسيا اليوم NOTICIAS FREEVIDEO ИНОТВ RTД FIND US ON: YouTube Twitter
breakingnews
Go to main page   USA   News   Do you call this the crisis?  
MORE ON THE STORY
14.03.2009, 08:53

Crisis advice: ‘Sell your shoes before your gold’

The United States is experiencing a new kind of gold rush as many Americans are queuing up to sell their gold trinkets simply to make ends meet.

13.03.2009, 14:03

Economic crisis to worsen with three Fridays 13 in a year?

When the world is gripped by economic crisis, a record three Fridays 13 a year has given people another reason to be worried. Last time it happened Russia was hit by a major default.

13.03.2009, 08:47

Oracles become financial consultants

Some Russians are turning to the supernatural, which they believe will help them stay afloat during the economic crisis. Others prefer financial advice but with lots of swindlers in the field, its efficiency is doubtful.

(image from xperthr.co.uk) 01.05.2009, 21:22

“Longer holidays is a way to keep people engaged”

What you really try to do is to keep high quality people engaged in the company by any means possible, and longer holidays is one of the ways of doing that, Roger Munnings from accounting giant KPMG says.

Image from utilityweek.co.uk 18.10.2010, 09:09 4 comments

UK on verge of new crisis

Public services in Britain are facing massive cuts in their budget as the government looks to fill the huge black hole in its balance sheet.

08.05.2009, 10:41 21 comments

Double meaning of Victory Day

Russia is preparing to mark the defeat of Nazi Germany on May 9. But the Baltic states attach a much different meaning to Victory Day, saying it marked the beginning of a Soviet occupation.

18.02.2010, 21:46 17 comments

Cult of Stalin continues to divide and conquer

Moscow City Hall has approved hanging posters of Stalin throughout the city in the run up to Victory Day, but tempers are running high.

24.12.2009, 20:19 15 comments

The gift of kindness - holiday spirit brought to those who need it the most

Christmas and New Year come to every home, and whether you’re a billionaire or an orphan, gifts should be under everyone’s Xmas tree and make them smile.

Vladimir Putin 31.12.2009, 05:41 12 comments

New Year is the expectation of a miracle - Putin

Russian Prime Minister Vladimir Putin congratulates everybody on the New Year.

21.03.2010, 15:56 12 comments

Irish parade in Moscow – a day of Russian-Irish friendship

The national Irish holiday St. Patrick's Day was widely celebrated all across the world on Wednesday, and the Russian capital was no exception.

Do you call this the crisis?

Published: 27 March, 2009, 12:38

(10.8Mb) embed video

TAGS: Crisis Chronicle, Holiday, USA


Russian immigrants in the U.S. seems to be escaping the downturn as they continue to party into the night with vodka and caviar while the world's richest are having to alter their lifestyles.

The American economy may be in shambles, but there is one group of people that doesn’t seem too concerned. Instead, they offer some hints to survival because they've already been through much worse, and therefore their habits are unlikely to change.

“Russians don’t believe in miracles, they believe in reality. And reality is that we don’t believe in Bernie Madoff, we invest in ourselves. Russians party regardless of what’s happening outside this world,” explains immigrant Alex Skulsky.

Maybe the ‘outside world’ plagued with home foreclosures and a sinking stock market could take a few hints from these folks.

It’s easy: say 'no' to get-rich-quick schemes, 'no' to huge mortgages, 'no' to stretching credit lines.

Maria Vulfin, who came to America from the Soviet Union twenty years ago and now owns her own medical practice, remembers very well those times when she had nothing

“I believe it’s nothing new for us, because when we first came here, we had to start all over again, from scratch. I believe that it’s in us, in Russians, that we’re going to survive and everything is going to be alright.” Vulfin said.

Computer Programmer Olga Teterya, who originally came to the US from the former Soviet Union, says “I understand there’s an economic crisis here, but it’s not going to change our eating habits. We originally came from the former Soviet Union, and we saw times worse than this time, and we know how to cut corners and how to live our lives despite the economic crisis here.”

+9 (12 votes)
 
Back to top
next MORE NEWS
27.03.2009, 01:39 4 comments

‘Legalizing pot would take away 70 % of drug cartels’ profits'

Legalizing marijuana would eliminate the huge profits taken in by the Mexican drug cartels, which are threatening the stability of Mexico and the U.S., said Aaron Houston, a pro-pot advocate in Washington.

27.03.2009, 13:01 5 comments

Obama: Nope to dope

President Obama has categorically opposed the legalization of marijuana in the U.S. Nevertheless, some experts disagree with this decision.