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Russians were open for open liberal reforms and to become part of the EU and Western world. People were sick of Communist rule and praised US culture. The probl
by slt2021 2y ago
Russians were open for open liberal reforms and to become part of the EU and Western world.
People were sick of Communist rule and praised US culture.
The problem is that US/EU betrayed liebral reforms in Russia with the goal of dismantling the state.
USA supported liberal reforms in Central Europe/Warsaw pact countries like Hungary Romania Poland where shock therapy provided transition from communist economy to liberal market economy, and their currency was supported by the IMF/WB/US from severe shocks.
US literally lent money to Central European countries to ease their transition and not kill their economies.
https://www.jeffsachs.org/newspaper-articles/ky53w3k2273hhecby8hbwls8r9gems https://www.jeffsachs.org/newspaper-articles/ky53w3k2273hhec...
According to Jeff Sachs, the author of shock therapy in Poland, the same shock therapy was prescribed to Russia, but no support was provided. Russian liberal reforms were betrayed by USA. Which led to severe currency and economic crisis.
Crisis led to garage sale of all state assets and privatization by foreign financial groups (oligarchs), which created a very deep sense of unfairness among Russians. This led to ascencion of Putin as he returned some of that unfairly privatized property from oligarchs