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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: Timer321   😊 😞
Number: of 4460 
Subject: Re: The changing winds of war
Date: 08/21/25 8:47 AM
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This may bear repeating about Russia. The global economy is falling apart, China as well. We are not far behind.

finance.yahoo.com - Wage arrears mount russia hidden

Wage arrears mount in Russia as hidden unemployment hits record highs

Against the backdrop of a worsening economic situation, wage arrears and hidden unemployment rates are soaring at Russian companies.

Source: The Moscow Times reports this with reference to data from the Federation of Independent Trade Unions of Russia (FNPR)

Details: As trade union monitoring reports, wage arrears rose by 25% in July, reaching 1.7 billion roubles (US$21 million), while the number of workers at risk of dismissal increased 1.5 times compared with last year. The number of workplaces in downtime also grew by one third.
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