Foreign Capital Flees Russian Depression
Synopsis
Inflation in Russia rose 35% in one week, leading to panic buying and food shortages as the economy spiraled into crisis.
Synopsis
Natalia works at Red Star, Russia's top modeling agency, where the glamour of the fashion industry masks a deepening economic crisis. On the day the ruble fell by 20%, Moscow's elite celebrated the launch of the first Russian edition of Vogue. Meanwhile, business at Red Star plummeted by 95% in just two weeks. As inflation surged and food shortages emerged, families like Boris and Masha's faced uncertainty. They turned to their country cottage for survival, growing food as the city’s spirit began to fade.
Deep Dive
Why Watch
- See the lavish party for Vogue amid economic collapse.
- Meet families struggling to survive in a crumbling economy.
- Find out how inflation skyrocketed in just one week.
Did You Know
- The ruble fell 20% on the same day Vogue held a party for 4,000 guests.
- Business in the advertising and fashion sectors dropped by 95% in two weeks.
- Inflation in Moscow rose 35% in just one week, causing panic buying.
- Many Muscovites faced a return to food shortages and long queues reminiscent of the Soviet era.
Perfect For
Frequently Asked Questions
What happened to the ruble in September 2015?
The ruble fell 20% in September 2015, leading to a financial crisis in Moscow.
How much did business decline in the first two weeks of September 2015?
Business fell by an astonishing 95% in the first two weeks of September 2015.
What was the inflation rate in Moscow during the crisis?
Inflation rose 35% in one week during the economic crisis.
What are people saying?
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