Pax Americana is dead and we have killed it.
Russia in the 1990s was a wreck. In the wake of the fall of the Soviet Union, Russia’s government became a puppet state of America and the West and its economy was a monumental disaster. People stopped getting paid, monthly inflation was in the double-digits, life savings disappeared overnight, banks disappeared overnight. The fertility rate plummeted, along with life expectancy, with over five million excess deaths recorded over the decade—mostly from deaths of despair.
During post-Soviet privatization, large state enterprises were sold for pennies on the ruble to the politically well-connected, which is how most of the oligarchs acquired their fortunes. And politically well-connected Americans made fortunes in Russia as well.
Pax Americana is dead and we have killed it. Russia in the 1990s was a wreck. In the wake of the fall of the Soviet Union, Russia’s government became a puppet state of America and the West and its economy was a monumental disaster. People stopped getting paid, monthly inflation was in the double-digits, life savings disappeared overnight, banks disappeared overnight. The fertility rate plummeted, along with life expectancy, with over five million excess deaths recorded over the decade—mostly from deaths of despair.
During post-Soviet privatization, large state enterprises were sold for pennies on the ruble to the politically well-connected, which is how most of the oligarchs acquired their fortunes. And politically well-connected Americans made fortunes in Russia as well.
Russia in the 1990s was a wreck. In the wake of the fall of the Soviet Union, Russia’s government became a puppet state of America and the West and its economy was a monumental disaster. People stopped getting paid, monthly inflation was in the double-digits, life savings disappeared overnight, banks disappeared overnight. The fertility rate plummeted, along with life expectancy, with over five million excess deaths recorded over the decade—mostly from deaths of despair.
During post-Soviet privatization, large state enterprises were sold for pennies on the ruble to the politically well-connected, which is how most of the oligarchs acquired their fortunes. And politically well-connected Americans made fortunes in Russia as well.