This isn’t really true internally for Russia. The USSR collapse was the result of the greed of the government officials who are now the Russian oligarchy (in collaboration with some Ukrainian officials IIRC who wanted to break away from the USSR?). The USSR didn’t even have a stock market, and the “government” installed one for the specific purpose of allowing government officials to buy up major parts of the economy to become billionaires practically overnight while they caused a major economic recession to ensure that nobody else could profit from the short entry window because they were too busy selling off their heirlooms to buy bread. It’s called Shock Therapy, and the Russians flew out at least one or two Wall Street execs in order to help them set the whole thing up. Modern Russia operates a lot like the US (at least economically).
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This isn’t really true internally for Russia. The USSR collapse was the result of the greed of the government officials who are now the Russian oligarchy (in collaboration with some Ukrainian officials IIRC who wanted to break away from the USSR?). The USSR didn’t even have a stock market, and the “government” installed one for the specific purpose of allowing government officials to buy up major parts of the economy to become billionaires practically overnight while they caused a major economic recession to ensure that nobody else could profit from the short entry window because they were too busy selling off their heirlooms to buy bread. It’s called Shock Therapy, and the Russians flew out at least one or two Wall Street execs in order to help them set the whole thing up. Modern Russia operates a lot like the US (at least economically).