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Putin's war increases Russia's oligarchs' dependence

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According to the BBC, Russian oligarchs play a key role in sustaining the Kremlin's military machine. Most, including 37 businessmen summoned to the Kremlin on the day of the invasion, are under Western sanctions, which effectively prevent them from moving their capital abroad.

 

"The West did everything possible to ensure that Russian billionaires rallied around the flag," said Alexander Kolyandr, an analyst at the Center for European Policy Analysis (CEPA).

 

After foreign companies left Russia, a vacuum quickly emerged, allowing Kremlin-aligned businessmen to acquire profitable assets at low prices.

Alexandra Prokopenko of the Carnegie Russia Eurasia Center notes that this created a new "army of influential and active loyalists," whose wealth depends directly on Russia's confrontation with the West.

"Their worst fear is the return of the previous owner," she said.

 

Putin's war silences Russia's oligarchs and increases their dependence on Kremlin - BBC

  • Author
15 minutes ago, save the frogs said:

who cares how this is affecting russian oligarchs?

 

 

Many people would like to see Putin overthrown so it's important to see what support he has around him.

1 hour ago, save the frogs said:

who cares how this is affecting russian oligarchs?

 

 

If, in fact limiting the oligarch's mobility is counterproductive, then it is a legitimate cause for caring.

1 hour ago, bannork said:

Many people would like to see Putin overthrown

 

Like who?

Westerners who are cheering on "Western hegemony" at the expense of the Russia's well-being?

If you replace him with a more "docile" leader, will the Western powers abuse Russia and take advantage of it? 

 

8 minutes ago, save the frogs said:

 

Like who?

Westerners who are cheering on "Western hegemony" at the expense of the Russia's well-being?

If you replace him with a more "docile" leader, will the Western powers abuse Russia and take advantage of it? 

 

"Russia's well-being"! 🙂

Yep - it keeps the 140 Russian billionaires in Russia spending their capital in building a prosperous Russian nation.  And Putin couldn't have done it without the help of the EU/UK/US sanctions.  Congratulations to the West.  Amazing "own goal!" 

4 minutes ago, connda said:

Yep - it keeps the 140 Russian billionaires in Russia spending their capital in building a prosperous Russian nation.  And Putin couldn't have done it without the help of the EU/UK/US sanctions.  Congratulations to the West.  Amazing "own goal!" 

 

Practically all the oligarchs' wealth is parked in the West, so better luck next time.

But yes, sure, if it hadn't been for that little detail I'm sure these billionaires would have been more than willing to build a prosperous Russian nation. Never mind that they had a big part in making Russia "unprosperous" by bleeding the country dry.🤣

2 hours ago, save the frogs said:

If you replace him with a more "docile" leader, will the Western powers abuse Russia and take advantage of it? 

 

One man's take advantage is another man's systemic transformation.

 

The Nation May 14, 1998

The Harvard Boys Do Russia
 

https://www.thenation.com/article/world/harvard-boys-do-russia/

 

Though 27 years old the article features a few names under a bit of scrutiny currently.  Unfortunately for our Aseannow conspiracy theory kooks there's no mention of Epstein or Trump.

 

https://www.youtube.com/shorts/GE4RHjVxF3s

 

 

 

 

 

 

 

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