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Russians go on shopping spree as rouble plunges

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Many Russians are experiencing deja vu - they have lived through several serious economic crises in the last 25 years, when many saw their savings go up in smoke.

Moscow

RUSSIANS are feeling the pinch from the slumping rouble, but one somewhat paradoxical result has been to unleash a spending spree as consumers snap up electronics, furniture and cars before prices soar.

In general, Russians' spending power has gone down with the rouble -

sentifi.com

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