In 1998, Moscow was in crisis. More than 100,000 Russians took to the streets as a slew of banks--and the life savings of millions of citizens--went bust.
But just a decade later, the global commodities boom has made Russia flush with cash, and Moscow has become a pricey place to live.
That's the finding in Mercer's 2008 Worldwide Cost of Living Survey. Moscow tops the list with a score of 142.4, up 6% from last year--and 42% higher than New York, the most expensive city in the U.S. The Russian capital is followed by Tokyo; London; Oslo, Norway; and Seoul, South Korea.
http://finance.yahoo.com/real-estate/article/105443/World's-Most-Expensive-CitiesNew York is the most expensive U.S. city. At 15. George W. Bush has devalued the dollar to such an extent that the United States is just a blip on the radar, at best. Wake up, people. Barack may be our last best hope to still be a force in the world, except for spending 15 times more than anyone else on armaments.
That may be all we have left. That, and a vague remembrance of Washington, Lincoln and MLK.