Rich Russians in Denial - Excessive Luxury Craze Continues

Russia is perhaps the most affected by sinking crude oil prices and general financial instability. The rich in Moscow seem to not only have lost their understanding of an average life, but also their perspective related to their own wallets.

For the meager sum of approximately 300 Euros an hour, you can hire a luxury taxi. The one pictured is a Maybach 62 equipped with every conceivable luxury. Even if you cannot understand German, watch this clip. Near the end, the woman cannot find her stowaway desk and recruits the help of the driver to do so. That is how loaded the fleet is. She also scuffs at the contention that the financial crisis will have impacts in Russia. Denial much?

Meanwhile, Russian oligarchs need to return major stakes in Western European corporations for lack of funding. What a world.

(photo from russiafun.net)