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then looting them of anything valuable Those were the oligarchs who came to power in the 90's. He turned against them shortly after he became president and is c
by skylan_q 11y ago
then looting them of anything valuable
Those were the oligarchs who came to power in the 90's. He turned against them shortly after he became president and is currently consolidating power for himself in a very, very large country that's had petty competing centers of power since the collapse of the USSR.
- mikeyouse 11y agoThere was obviously the big wave of privatization and corruption after the USSR fell, but lately it's been re-nationalization and pseudo state corps financed by state banks.. The companies take large loans from the government banks, steal most of the money through contracts with various shell corps and then get bailed out. A wholly different but very serious problem.
- golergka 11y ago> Those were the oligarchs who came to power in the 90's. This is a simplification that putin's propaganda machine loves so much. Today's Russia isn't much different from the 90s, except the portrayal in tv and the fact that instead of looting soviet relics, raiders destroy succesfull companies that have been built in the last 20 years.
- Grue3 11y agoOligarchs from the 90s are nothing compared to oligarchs we have right now. Russia has never been more corrupt and dysfunctional.