Good section in there for people who think sanctions are bad for Putin >Things changed, especially after Western sanctions were introduced in 2014, and mostly

Good section in there for people who think sanctions are bad for Putin >Things changed, especially after Western sanctions were introduced in 2014, and mostly because of money. Before 2014–2016, we had these oligarchs, and they were, at least to some extent, independent. They had their contracts in the West, they had their contracts in the country, so they’re quite powerful. And maybe back then they could say something to Putin. This option was there. >Now it’s completely changed because of the sanctions. What happened is that Russian oligarchs, many of them, lost their contracts in the West, and Putin was really smart about offering them financial help by providing military contracts. So you had some people who own huge enterprises producing metal, engines, this kind of thing, and they lost their contracts in the U.S. and in Europe. All of a sudden, now they had something of a problem, but because of the sanctions and because the military-industrial complex is getting bigger, they got this military contract. And that made many of the oligarchs much more dependent on the state funding.