Friday morning...
I am going to need more money.
We are all going to need more money.
How Belarus will go about dealing with this issue is going to be very interesting indeed.
On the other hand, it is the end of a very long week and tomorrow I will take a rest. This will be very good.
What else?
Nothing really. Just a bit more work to do before I close down for a bit. Hopefully I will have a working model of beinghad.com up by the end of next week. For sure two weeks, but hopefully one.
That's about it.
Oh, maybe thanks to all of the new readers who have come on over the last several weeks. I broke records several times and I appreciate the look. And I am especially grateful to all of you who have written for services and help from inside Belarus. The money was helpful and the extra work was fun. Glad to have been of service.
More soon…
4 Comments:
Adam, I am curious about just how much more money an average family will have to spend per month because of the gazprom debacle. I understand the price of gas has doubled, but how many extra dollars will a family have to spend to cover that price increase. Mike Miller
The government has said we are looking at $1 a month more, which, if you only count the tank we get every month to cook with, this would raise the bill from $10 to $11. We'll see though because it is my understanding that the gas in that tank should probably cost more but is mildly subsidized. In a speech earlier this year, the president said that this cost was going to go up anyway because the subsidy might not last. At the time, we all thought he was speaking about Belarus' subsidy and no Russia's. But like I say, we'll see.
Adam, forgive my ignorance, but 1$ doesn't seem like a crushing increase even by Belarusian standards. Surely the bottom line of the Belarusian families will be hit harder than 1$ per month each?
Mike Miller
mikesvacation
Well, no it doesn't. But the operative words here are: This is what they said. It remains to be seen how much this is going to cost. And also you must remember that the cost of replacing a billion dollars may not simply come from the gas- there are no private gas companies but rather state holdings. The damage therefore will be spread across the board and Belarus will undoubtedly feel it much more than the projected .75% that the dollar a month implies.
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