Latvian prostitutes as economic recovery indicator

[anonymaus]

Latvian prostitutes as economic recovery indicator

Signs pointing to an end to the global recession are few as the real estate market and consumer spending give little away. But there's a unique index which, some say, is a much better barometer - the sex industry.

So far it’s been a doleful song for Latvia, as the fastest growing economy in the EU just over a year ago has slid to the bottom of the list in the past six months.

It has the highest unemployment after Spain, and its GDP dropped almost 20 per cent, a rate comparable to that of America in the Great Depression.

Even relatively well-off Riga, which keeps afloat thanks to tourists, is bracing itself for one of the harshest winters on record.

“We’re not giving money to people to pay for the rent, for the apartment, but we will be forced to distribute food packages between those who really need it, because it will be the highest priority during the winter," Nil Ushakov, Riga’s mayor, said.

While the country is battling with recession, observers outside Latvia are scanning its shattered economy for some hint of when the global crisis will end.

source

Interesting!

[Inese]

Photo is from Vladimir Kremlov and the article is from Russiatoday!! It is usual anti Latvian propaganda and it happens daily against Latvians in Latvia by Russian people in our country among each other --- and sometimes articles against Latvian people are published in Russian magazines in Russia also.

They should write in the article that very many prostitutes in Latvia are Russian women!! But it is against Russian pride because Russian dont do that , when Putin and the Kremlin says it is a truth then it is a Russian truth. You know, it is the traditional Russian way of opinion making

[Beorn]

They should write in the article that very many prostitutes in Latvia are Russian women!!

You owe me a house, Anonymoose. Pay up.

[anonymaus]

Oh god damnit.

You owe me a house, Anonymoose. Pay up.

[Hors]

Photo is from Vladimir Kremlov and the article is from Russiatoday!!

The article or at least the idea was stolen from a British newspaper thou. I actually posted on the subject some months ago

[Äike]

Inese has a point, the majority of the prostitutes in Latvia are Russians, it's the same here.

[Matuo]

Many prostitutes in Latvia hardly speak Latvian language, that's true.

[Svarog]

nom nom nom

Off to Latvia, later

[Phlegethon]

Well, our prostitutes here are all going back to school or into vocational training here because their clients can't afford them anymore. What exactly does that mean for the economy?

[Absinthe]

As a tourist who very recently visited Latvia, I can testify that the prostitutes I saw trying to lure tourists into bars and hotels in the Old Town, were speaking broken English and Russian amongst each other.

In fact it is easy to tell Russians from the Latvians, both from phenotype and also from the way they dress.

Latvian dressing style tends to be more modest and up-to-date whereas the Russian girls tend to dress cheap and slutty and also look like they're stuck in the 80s.