18 August 2014

Among the Alconauts

Peter Pomerantsev

Over a drink, an English investment fund manager working in Moscow told a friend of mine that the war in Ukraine meant everyone in his office had had to ‘downgrade their own futures’. They had been calculating that Putin would eventually calm down and things would get back to normal. He hasn’t, and it looks like nothing will ever be normal again. At the fund manager’s office, they’re talking about the possibility of 30 per cent inflation and GDP contracting by 10 per cent. Some of them have decided to relax and enjoy the apocalypse. Since the Kremlin banned food imports from the EU and US earlier this month, there's a sense of needing to party before the good things run out. They start drinking on Tuesdays now.