Unfortunately, things are looking very grim for average Joe in Russia. The oil party, and the easy gains that came with it, are over.

"The number of middle-class Russians could halve to 20 percent, taking it back to the same level as after the 1998 default and devaluation, says Evgeny Gontmakher, chief economist at the Institute of Contemporary Development, whose board of trustees is headed by Prime Minister Dmitry Medvedev."

http://www.bloomberg.com/news/articles/2015-04-23/putin-s-mi...