My First Million

EXTRA: Russian Oligarchs, Putin, and Sam and Shaan's Thoughts on Ukraine

12 snips
Mar 3, 2022
Discover the intriguing rise of Russian oligarchs and their powerful grip on politics during the Yeltsin era. The hosts delve into the absurdities of Putin's lavish lifestyle and motivations behind the Ukraine conflict. They highlight the contrasting leadership styles of Zelensky and Putin, emphasizing strength and community in crisis. A humorous take on the complexities of media narratives and listener feedback about the war adds depth to the conversation, leaving you with thought-provoking insights about current global dynamics.
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ANECDOTE

Rise of the Oligarchs

  • In 1995, a shady auction in Siberia gave a select few the right to lend money to the struggling Russian government.
  • When the government defaulted, these individuals gained control of major state-owned companies for a fraction of their value, creating vast wealth.
INSIGHT

Putin's Power Play

  • Putin, initially seen as anti-corruption, jailed one oligarch as a warning.
  • This allowed him to consolidate power and potentially amass vast wealth, evidenced by his alleged billion-dollar palace.
ANECDOTE

Ben's Putin Podcast

  • Ben re-released his "How to Take Over the World" episodes on Putin due to renewed interest.
  • His research offers a different perspective on Putin's motivations, emphasizing his KGB background and distrust of the West.
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