S.L. Kanthan Profile picture
Oct 7, 2022 14 tweets 6 min read Read on X
🧵 on devastation of Russia in the 1990s and the rise of #VladimirPutin Image
When the Soviet Union collapsed — officially in Dec 1991 - Russians eagerly embraced America and Europe.

They wanted to be a part of the West and end the centuries-long conflict.

However, the next 8 years would prove to be disastrous beyond belief.
The US handpicked a puppet, Yeltsin, and surrounded him handlers who were really loyal to Wall Street.

For the next years, the US would prop up Yeltsin, who was an alcoholic and an incompetent clown. ImageImage
Yeltsin and his handlers introduced America’s infamous economic“Shock Therapy”, which was fine-tuned in Chile in the 1970s.

Basically, extreme neoliberalism and privatisation.

In the first year of new Russia — 1992 — inflation skyrocketed to staggering 2500% Image
Pensions were wiped out. Russians who were hoping for prosperity under capitalism were pushed into poverty and chaos.

It was worse than anything the people had experienced under communism.

And this trauma would last all through the 1990s. Image
Poverty soared

Suicide skyrocketed

Life expectancy dropped

GDP shrank by 50%

Russia’s industries and agriculture were devastated Image
Worse, the US had plans to Balkanise and chop up Russia.

So, the US armed and funded jihadists in Chechnya. The Russian military was so demoralised that they lost to the terrorists.

And Al Qaeda was blowing up Russian oil/gas pipelines as well.

Sound familiar? Image
Russia, the land of oil and gas, didn’t have fuel for its tanks & military planes.

The country with hundreds of trillions of dollars worth of natural resources went bankrupt.

And it had to beg the IMF for money.

Ruble crashed, Russia defaulted on its debt, lost all its gold Image
However, through all this misery, a small fraction of Russians got super rich.

These were the oligarchs handpicked by the US.

They bought assets for pennies on the dollar — mines, airlines, media, entire industries and so on.

And hundreds of billions were funnelled into USA
To make the long thread short, this was when some patriots in Russia got together and decided to rescue Russia from demise.

They chose #VladimirPutin as their man.

He would become the leader on Dec 31, 1999.

A new century and new beginning for Russia Image
Putin fixed Russia in every way possible:

🔹GDP grew 1000% in ten years
🔹Traitors were kicked out of Russia (they escaped to London and New York)
🔹Terrorists in Chechnya were defeated
🔹Russia once again became the world leader in oil, gas, wheat etc. Image
Russia once again became a great power. Its prestige was restored in the global stage.

When Xi Jinping became the leader, the first visit he made was to Russia to meet with Putin.

Russia was back and the US was very unhappy. Image
Contrary to West’s portrayal, Putin’s primary goal is peace and prosperity.

He wanted peaceful, win-win relations with Europe and even the US.

He knows history and geopolitics. ImageImage
But USA cannot share power and wealth.

Americans liked the “End of History” and the unipolar world.

Hence all the problems in the world.

Putin is 70 years old. The next 5 years may be the most important in his life.

Can he leave an enduring legacy of a great Russia?

End 🧵 Image

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More from @Kanthan2030

Mar 25
My thread on the futility of Trump’s well-intentioned but misguided economic policies of trade wars and tariffs to revive American manufacturing:
Trump, Biden, Obama, Bush, Clinton, Reagan… it’s an American political tradition to impose tariffs, even though they have never helped create jobs or protect manufacturing! 😆
When the American Civil War ended in 1865, half of all Americans were farmers.

For them, working in factories was a big upgrade in wages and lifestyle.
Read 4 tweets
Mar 19
🧵A new era for India-China relations?

Two ancient Asian civilizations – India & China – account for 34% of world’s population & 50% of world’s economic growth.

They also have a 2000-year-old shared history.

Let’s explore the past and the future. Modi and Xi in Mamallapuram in 2019
During his recent interview with Lex Friedman, Indian PM Modi pointed out that India and China had been friends for 2000 years.

He also played down the border tensions by saying that there's no real history of conflicts.

He focused on learning from and understanding one another.
Even 2000 years ago, scholars and monks from China and India were visited one another and shared culture, spirituality and science.

💠The most profound phenomenon was the spread of Buddhism from India to China. Now, half of all the Buddhists in the world are in China.

Yes, communist China has religious freedom, although the malicious US propaganda would say otherwise!
Read 11 tweets
Feb 10
In 2024, US produced 82 million tons of steel… which was the same as it was in 1944!

But in the 1940s, America’s global market share of steel production was whopping 50%.

The deindustrialization cannot be reversed by Tariffs man Trump, who’s like Don Quixote. Image
Now, China is the world’s leader in steel and aluminium production, accounting for more than HALF of the global market share.

In steel:

China 🇨🇳 = 12x USA 🇺🇸

In aluminium:

China 🇨🇳 = 50x USAImage
The world’s top steel-producing nations Image
Read 5 tweets
Feb 8
Two maps that reveal incredible racism in the US.

Look at the electoral maps of 1960 and 1968.

For decades, Deep South was very "blue" -- solid Democrat base due to progressive help for workers.

1960 -- JFK versus Nixon.

Arkansas, Texas, Alabama etc.... all blue states! Shocking, eh?Image
Then, in 1964, US passed the "Civil Rights Act," which gave blacks the right to vote.

And racist whites in the South could not handle it.

So, they gave up on economic interests & switched to far-right George Wallace, who famously said:

Segregation now, Segregation forever!Image
Since then, Republicans have always relied on the racist votes, although they were more subtle than today.

Here's Reagan campaigning in Mississippi, in the county where KKK members murdered black civil rights workers in 1964.

Reagan used "States' Rights" as a dog whistle.

The message was: "if you want to be racist and discriminate against non-whites in your state, the federal government will not interfere!"Image
Read 4 tweets
Jan 25
Short but fascinating history of the founder of DeepSeek, the AI model that has taken the world by storm in the last few days. 🧵

It was founded by a rather eccentric hedge fund billionaire, Liang Wenfeng! Image
In 2008, Wenfeng understood the potential of AI.

For many years, he tried to find the perfect niche market to use AI.

After failing multiple times, he settled on finance — trading stocks.

He used AI (deep learning) to detect patterns. Image
Wenfeng decided to start a hedge fund. He named it “High-Flyer.”

Founded in 2015, it soon became one of the largest “quant funds” in China.

And he became a billionaire!

But… he was soon enamored with Generative AI, which is “smarter” than just detecting patterns. It was about creativity — the Holy Grail of AI.Image
Read 9 tweets
Dec 29, 2024
Unbelievable racism in America.

Listen to this guy talking about Indians.

I don’t understand where so much hatred and misunderstanding come from in 2024.
Read 15 tweets

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