Hi all my friends!!!!!!!
Any guys just returned from Ukraine?.I was in Kiev 6 weeks ago and shops shutting down also More beggers on the streets also. Restaurants empty.Back on saturday for one night then i fly onto Tunis
I don't understand why such a country in crisis still insist on wearing the nicest clothes. It is something we have to live with when we go there, but I bet they will change when they move here.
RB: Who will change and who will “move here”? If you are speaking of the tiny handful of women who might marry someone from “here”, I think you are mistaken. Mrs has been criticized at times for over dressing “here” and when asked advice, I have suggested she lift it up another notch if the others don’t like it. I’ve no particular desire to see her pushing a grocery trolley in a toweling dress and flip flops with an arse 3 feet wide.
I read that somewhere that rather than lifting it up a notch, they go down a notch, but never completely change. In the case of her 12 year old daughter, I don't see her not changing, due to peer pressure. It's no big deal to me. I will not push her either way. I am looking forward to her teaching me how to dress and picking out my clothes.
There is a more important question here. Why does such a country in economic crisis still insist on wearing the nicest clothes? There is probably nothing we can do about it. I even enjoy watching them. But, I don't understand not eating and going without certain necesities for the sake of fashion.
I was in 4th grade when I emigrated here from the Philippines with my family. I still remember my 1st grade teacher telling us it doesn't matter if your clothes are old, or even has holes. The main thing is it is clean.
RB: Have you not heard the saying, “If you are going bust, buy a new suit”? Money and personal standards are not mutually inclusive. Your 1st grade teacher saw “clean” as the benchmark for personal standards. Nothing wrong with that but each sees it differently. Russian women are different. This is important to them and yes they will scrimp and scrape if they must in order to afford nice clothes. It’s the way they are for the most part. You don’t understand it? Why would you bother trying? They are women!
That said, I think the picture is wider yet than you are speaking of here and for me has always been an interesting area. I have noticed in the east a lack of wealth at a civic level and yet unlimited ornate monuments which cannot be maintained or are decaying due to that lack of civic wealth. Apart from the statues, take look at some of the fences around government buildings in some cities. Massive concrete and ornate metal constructions which cost a fortune to maintain at any level and are run down due to lack of resources when a simple decorative metal construction in the first instance would have done nicely and cost nothing to maintain for who knows how long. Interestingly, I have noticed similar in many developing or less than developing countries all over the world. Do I think their priorities are all wrong? Yes I do. Is it my call to make? No it is not.
we went to a supermarket a few weeks ago in the middle of the day and these two total babes walked by wearing the shortest/thinest dresses i think i have ever seen in my life. girls here just like to dress up i guess. heck... i'm not allowed out of the house to even to go to the shop until i've made sure i look the best than i can! lol
to quote olya... "ukrainian girls just don't know how to dress appropriately for the occasion"
yup!
as for things getting worse here, yep i guess so. but at least the dollar doesn't seem to be going up like before. almost 7.5 now i think.
Pete, 7.5 UAH does not seem as high as before. It has been around 8.00 for months. I'm a skeptic if that's good news or not. I have seen news reports before that the government is limiting the hryvia's fall.
They have been propping the grv up since October 08 - most of the IMF two payments thus far have been used for this
Our NZ$ is now worth 5grv - same as what 1 US$ did this time last year.
Since they're manipulating the growth or fall of the hryvnia, perhaps the fall to 7.5 means they are due for another IMF payment? I am not there to observe the economy, but I do read news reports. Including Pete's post, I have not read any good economic news.
When the market value of a state's currency drops, that state has to spend a lot of money to "prop it up". In the case of Russia, they spent many tens of billions of dollars trying to protect the ruble, while the cost of a dollar went from 27 to 34 rub (rough figures). Simply, Russia was buying up rubles (using reserves of other currencies) at higher than their market value.
As far as I know, Ukraine doesn't have anything like these reserves, and is in a much weaker position to prop up the UAH.
Having your currency lose value is helpful, IF you owe a lot of money in that currency (your debt repayment becomes cheaper). But I think that the big debts in Russia and Ukraine are mostly payable in dollars, Euros, and other currencies, so weakening of their currencies only hurts them.
In just the past couple of weeks, the ruble has gained on the dollar more than 10% (today about 30.5 to the dollar). But I think this is about the dollar sliding, and not any big change in these smaller economies.
The weakening dollar is great news for these countries... and more expense for us travelers...
But it is probably a hopeful sign: the dollar got so strong (compared to other currencies) because of financial panic. The return of exchange rates toward more normal levels reflects (I hope) more confidence around the world.
Oh yes, there was one good economic news. Ukraine have not used their allocation of carbon emissions allocation according to the Kyoto protocol, so they sold it to Japan. It sounds like Ukraine got a good price for it, but it was confidential.
It's good news that they got money for it, but that also means that industry is slow. Carbon usage is one of the main things that drive the economy. It's funny how you can still go above your allocation by paying one who has not used it.
Durak
Yes - the diff between Russia and Ukraine - Ukraine has/had NO reserves. Russia had 550B
Interesting about the carbon credit sale to Japan - that’s typical practice for the clowns in Kiev to do. Their book keeping is likened to a child in a candy store !!!
But
the mother-inlaw says the restaurant trade is picking up speed. She’s been very busy this last few weeks and her boss has 2 of his 3 restaurants running at full speed now.
So some of them are still spending on luxuries !!!!!!!!