Privatizing the USSR – Mobster style fascism coming soon to America.
“Putin brought order to the looting by creating a mafia of oligarchs.” They had to get their money out of Russia before another mobster stole it from them: Enter Trump & Deutsche Bank.
washingtonpost.com/opinions/what-…
“Measured by total GDP, Russia is not among the top 10 countries in the world. Measured by per capita GDP, it doesn’t make the top 60 & it’s going backward. The purchasing power of the average Russian has fallen by more than 10% over the past 5 years;...
...foreign investment has dropped to virtually nothing while more than $300 billion of Russian wealth has been shifted out of the country. These financial trends are a clear vote of no confidence in the future of Putin’s leadership.”
project-syndicate.org/commentary/rus…
[Putin] “kept the people happy for a while with promises to restore a glory that never was. At 20 years he has reigned longer than any Russian leader since Joseph Stalin, but with the usual dreary results.”
Russian GDP per capita is 60th: US $62,600; Russia $11,327
“In a paternalistic society of masters & serfs, the lord would rather distribute less wealth among his subjects than allow them to generate more wealth themselves. Only then is his position safe”
project-syndicate.org/commentary/rus…
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