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> This reminds me of how we call Russian billionaires "oligarchs" but we just call American billionaires...billionaires. Russian billionaires came to their wea
by burntoutfire 6y ago
> This reminds me of how we call Russian billionaires "oligarchs" but we just call American billionaires...billionaires.
Russian billionaires came to their wealth purely through corruption - i.e. using via their connections during the crucial years of transformation to market economy to buy huge state-owned industrial companies for 0.1-1% of their real value.