Apparently the worldwide economy is so damn shitty that the Russians can’t even sell their vodka. TRAGEDY.
With retailers struggling to find credit and ordinary Russians being forced to change their spending, a vast lake of undrunk vodka is accumulating in distilleries across Russia.
Official statistics indicate a collapse in demand for vodka over the past two months. November inventories of unsold vodka stock have risen to 82 million litres, a 600 per cent increase from 2007, according to the National Alcohol Association.
The vodka lake has grown even as desperate producers have slashed output, which fell by 15 per cent in October according to industry estimates.
Retailers and producers alike attribute the main reason for the collapse in the market to the evaporation of credit, with many suppliers unable to refinance loans from banks to buy new supplies.
“People are spending less money on alcohol and other products because of the financial crisis,” said Pavel Shapkin, the executive secretary of the National Alcohol Association. “As people try to save money, they are turning to cheaper brands.”
This is bad news for the vodka industry, but really good news for vodka drinkers, because you better believe prices are going to start sliding, big time. Someone better lock up Lindsay Lohan, stat.
I wonder if the Russian government will be called on to bail out the vodka manufacturers. Or maybe they’ll just skip the middle man and go ahead and ask the U.S. government to bail them out, since we seem to be in the business of bailing out anyone who asks politely these days. Why would we hold anyone accountable? Honestly we should change our national motto from “In God We Trust” to “It’s Not Your Fault.”
All I can say to this is http://www.moscowdoesntbelieveintears.blogspot.com
You can thank me later!
Can’t even remember the last time I actually drank Russian vodka… seems to me like it’s always from France, Finland or Sweden nowadays.
is vodka vegan?
yes, it’s vegan
whoo, bring on the cheap vodka for my caesars!
Are you kidding. This is great. Russia has a huge problem with alcoholism. A problem that their government takes a lot of heat for. It’s hard to believe less are buying. Poor people must be distilling their own, or drinking hairspray.
Ahh damn too bad the best vodka you can get in new zealand is made here so it will still be pricey *sob*
Agree with Beefy.
Solution, slap a beer label on it. It’ll start selling again.
That’s funny. You’d think the financial crisis would make people want to drink MORE.
Appologies for going a bit off the topic but can anybody suggest a good kitchen supplier in the United Kingdom.
Appologies for the double post