Mon.mw2.122.xsFrom coverage of revisit to Material World Project family in Ulaanbaatar, Mongolia in 2001. The Batsuuri family, with whatever new possessions (only a color TV set) they have acquired since the shooting of the photograph of the family with all of its possessions for the 1994 book Material World: A Global Family Portrait. Regzen Batsuuri, father, 44; Oyuntsetseg, mother, 38; Batbileg, son, 12; Khorloo, daughter, 17.{{Mongolia’s financial fortunes were tied to the Soviet Union; and with the demise of that union in the late 80’s Mongolia struggled to recreate itself in the 90’s with a market economy. The Batsuuri family, living in a ger [a round felt and canvas covered portable structure, sometimes called a yurt] on the outskirts of the city, took advantage of the new opportunities of a more permissive atmosphere. Batsuuri built a house next to the ger with materials stockpiled over a number of years, and his wife Oyuntsetseg Lhakamsuren opened a small pharmacy with her former colleagues from the state-run pharmacy where she had worked before privatization. It was a heady time for the family whose extended family also lived with them in the house/ger compound at the edge of the city. In 1995, Oyuntsetseg was excited about the future, and hoped to move into an apartment with running water. In the late 90’s, she got her wish, although not happily. She and her co-workers had taken a loan to help support their private pharmacy; they borrowed too much and didn’t understand the concept of compound interest. The debt built up, and when they couldn’t pay, Oyuntsetseg’s family lost everything they had accumulated, including their ger and their house. The family of four now lives in the small apartment they dreamed of, but it belongs to Tanya an 83-year-old Russian immigrant, who lives there, and who rents them one room. Oyuntsetseg runs a 24-hour pharmacy in another rented room nearby. Central portrait of family with all possessions from original Material Worl