June 22, 2021

The Mai Tais Are Worth It


The Mai Tais Are Worth It
Ah, nothing like the brisk Baltic coast in July. Strandkorbs at Ahlbeck Beach, Wikimedia Commons

Who doesn't have wanderlust induced by COVID restrictions? We sure do, and apparently lots of Russians do, too; so much that they're taking on debt for a chance to slip away for a while.

According to a recent report in Izvestia, a record number of Russians have itchy feet thanks to being locked inside for so long. Lack of international travel isn't discouraging them, and this, coupled with what for many have been unemployed months, has led to skyrocketing demands for "vacation loans."

A surge in loans has occurred this spring – in some locales, up 160 percent from last year – and it's estimated that a quarter of borrowers plan to use the cash to relax. While the wave is a common phenomenon, this year's run is one of the largest in memory, with amounts averaging between R700,000 and R800,000 (about $9,500-11,000). That is over 40 percent higher than in previous years, with dubious repayability.

But in the end, isn't the R&R worth it? We can't say we blame them for wanting to escape for a while. Just watch out for bears.

You Might Also Like

New Economic Policy
  • March 01, 2021

New Economic Policy

In the Soviet era, NEP had always been regarded as a strange, only vaguely understood, and not very sensible chapter in Soviet history: a pause between the heroic Civil War and the no less heroic Five-Year Plans.
Smells Like Money
  • April 09, 2021

Smells Like Money

Soon American coins won't be the only "scents" that are exchanged inside Sberbank's buildings, as Russia's national bank plans to introduce its own perfume. 
Heavily Taxed
  • March 30, 2021

Heavily Taxed

While some countries are considering doing away with coin money, this Russian citizen is still making the most out of their rubles and kopeks. 
Like this post? Get a weekly email digest + member-only deals

Some of our Books

A Taste of Chekhov
December 24, 2022

A Taste of Chekhov

This compact volume is an introduction to the works of Chekhov the master storyteller, via nine stories spanning the last twenty years of his life.

The Moscow Eccentric
December 01, 2016

The Moscow Eccentric

Advance reviewers are calling this new translation "a coup" and "a remarkable achievement." This rediscovered gem of a novel by one of Russia's finest writers explores some of the thorniest issues of the early twentieth century.

At the Circus
January 01, 2013

At the Circus

This wonderful novella by Alexander Kuprin tells the story of the wrestler Arbuzov and his battle against a renowned American wrestler. Rich in detail and characterization, At the Circus brims with excitement and life. You can smell the sawdust in the big top, see the vivid and colorful characters, sense the tension build as Arbuzov readies to face off against the American.

Woe From Wit (bilingual)
June 20, 2017

Woe From Wit (bilingual)

One of the most famous works of Russian literature, the four-act comedy in verse Woe from Wit skewers staid, nineteenth century Russian society, and it positively teems with “winged phrases” that are essential colloquialisms for students of Russian and Russian culture.

Jews in Service to the Tsar
October 09, 2011

Jews in Service to the Tsar

Benjamin Disraeli advised, “Read no history: nothing but biography, for that is life without theory.” With Jews in Service to the Tsar, Lev Berdnikov offers us 28 biographies spanning five centuries of Russian Jewish history, and each portrait opens a new window onto the history of Eastern Europe’s Jews, illuminating dark corners and challenging widely-held conceptions about the role of Jews in Russian history.

Driving Down Russia's Spine
June 01, 2016

Driving Down Russia's Spine

The story of the epic Spine of Russia trip, intertwining fascinating subject profiles with digressions into historical and cultural themes relevant to understanding modern Russia. 

The Little Humpbacked Horse
November 03, 2014

The Little Humpbacked Horse

A beloved Russian classic about a resourceful Russian peasant, Vanya, and his miracle-working horse, who together undergo various trials, exploits and adventures at the whim of a laughable tsar, told in rich, narrative poetry.

Bears in the Caviar
May 01, 2015

Bears in the Caviar

Bears in the Caviar is a hilarious and insightful memoir by a diplomat who was “present at the creation” of US-Soviet relations. Charles Thayer headed off to Russia in 1933, calculating that if he could just learn Russian and be on the spot when the US and USSR established relations, he could make himself indispensable and start a career in the foreign service. Remarkably, he pulled it of.

About Us

Russian Life is the 31-year-old publication of an award-winning publishing house that also creates books, and other products for Russophiles the world over.

Latest Posts

Our Contacts

Russian Life
73 Main Street, Suite 402
Montpelier VT 05602

802-223-4955