The Rest Is History cover image

161. Yeltsin, Economic Chaos and President Putin

The Rest Is History

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Russia's Turmoil: Lessons from the 1990s

This chapter explores the chaotic economic and political landscape of Russia in the 1990s, drawing parallels with the Weimar Republic's aftermath. It highlights the impacts of shock therapy and privatization under Yeltsin, emphasizing the divide between the suffering populace and the emerging class of oligarchs. By examining the hardships of ordinary Russians, the chapter frames the rise of Vladimir Putin in the context of past crises and public sentiment.

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