Tuesday, November 25, 2008

The Economy is so bad that Russians are cutting back on vodka.

Crisis forces Russians to cut back vodka drinking
Mon Nov 24, 12:27 pm ET REUTER

MOSCOW (Reuters) – The global financial crisis has grown so bad that Russians are cutting back on vodka.

Stockpiles of Russia's national drink were six times higher at the start of the month than the same time a year ago because factories are producing vodka faster than they can sell it, an alcohol industry lobby and research group said on Monday.

"People are having to save money, including on drinks, and this is connected to the impact of the financial crisis on people's disposable incomes," Pavel Shapkin, president of the National Alcohol Association (NAA), told Reuters.

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You know that the financial crisis is pretty serious when you see scenario like this happen.

To have Russians trimming down on vodka consumption is like telling Japanese to stop eating fish. Which has never happen before.

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