The Rubles Have Come Down, but It's Lost Half Its Value

Despite all this, russia has made enormous progress. The rouble in 19 91 went to zero. It was worth literally nothing. And now it's lost half its value. If the fighting stops, then itwill recover. But a it still gong to have lost a lot of value. You can see economic attraction, 20, 30 % ther russians who like to travel, suddenly going abroad has become almost twice as expensive. So hat much fewer people can do it. A middle class that had grown to about 20, 25% of the population contract again to whatever is ten%. This is why we wern shocki its phenomenan. We've gone from bom to no