New Off-Roader Comrade? Certainly comrade, that’ll be 3 million pairs of knickers
MOSCOW LATEST: Does the Taganrog Automobile Factory have a deal for you! Rows of freshly minted Hyundai Santa Fe sport utility vehicles are available right now. In exchange — well, do you have any circuit boards? Or sheet metal? Or sneakers?
Here is a sign of the financial times in Russia: Barter is back on the table.
Advertisements are beginning to appear in newspapers and online, like one that offered “2,500,000 rubles’ worth of premium underwear for any automobile,” and another promising “lumber in Krasnoyarsk for food or medicine.” A crane manufacturer in Yekaterinburg is paying its debtors with excavators.
Many would-be barterers are looking for a truly liquid commodity, something universal, like gasoline. Even underwear, it is said, is much more liquid than automobiles.
Suddenly car leasing becomes much more interesting as monthly payments get more exotic.
February 12, 2009 at 11:22 am | Car Leasing News, Hyundai | No comment
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