Why do Russians Love Putin? One Word: 1990s
Most Americans don’t realize what happened in Russia in the 1990s. However, that time period not only explains the current US-Putin animosity, but also illustrates how Wall Street and the foreign policy establishment operate. In the 1990's, the wolves of Wall Street pounced on the wounded Russian bear and tried to kill it using the Shock Doctrine that was perfected in Latin America and Africa over the decades. However, because of the legacy of Cold War and beyond, the vindictive destruction was also aimed at Russia’s military, society and nationhood.
When the Soviet Union fell apart, Gorbachev and other pro-western Russians literally handed over the entire country to Americans. After all, communism had failed and it was time to embrace capitalism, free market and privatization that would make everyone prosperous.
In reality, privatization became Piratization, capitalism became crony/gangster capitalism, and hopes of prosperity turned into reality of extreme misery.
In 1992, the first year of “reform” introduced by globalists, Russia’s inflation skyrocketed to 2500%. This had a double-whammy effect. One, the price of food and other things went up 25 times! Second, savings of pensioners were wiped out. If someone had 100,000 Rubles saved up, it was reduced to 4,000 Rubles.
The people in charge of this economic terrorism was the Harvard Mafia — Larry Summers (the future Treasury Secretary of the US), Jeffrey Sachs, David Lipton etc. — that destroyed the economy through crony capitalism, hyperinflation, debt trap and austerity. Crony capitalism’s strategy was to divvy up Russia’s vast natural resources and state corporations among a handful of oligarchs who, in turn, sold a chunk of the ownership to western elites for pennies on the dollar (think of it as a commission).
Under the guidance of U.S., thousands of Russian factories were simply shut down. Even Russia’s oil/gas production fell by half, compared to the USSR period. Russia’s PPP GDP fell by 40% during Yeltsin years, and the economic crisis turned out to be worse than America’s Great Depression of the 1930s.
The US controlled Russia’s politics as well. Russia’s leadership, including the two-term President, Boris Yeltsin, was handpicked by America’s elites.
**1. U.S. media boasted how the U.S. rigged the elections and helped Yeltsin win the Presidency. The cover of Time magazine from 1996 proudly bragged, “Yanks to the Rescue“! Inside, an article titled “Rescuing Boris [Yeltsin]” went into the details of how American advisers, campaign managers and pollsters helped Yeltsin win the Russian presidential election. Of course, the reason the US wanted Yeltsin was he was an idiot and an alcoholic, and most of his cabinet was filled with US puppets.
*2. Bill Clinton’s declassified conversation with Tony Blair shows how the U.S. controlled the Russian parliament and could choose the Prime Minister. Clinton said, “The first thing we have to do is get Chernomyrdin confirmed [as Russia’s Prime Minister]. I will see what I can do over there and work like hell to influence the Russian parliament!”
Oh, in his first term, after the disastrous economic “reforms,” Yeltsin was impeached by the Russian parliament and removed from the office. As a response, he brought in the military and attacked the parliament building with tanks! What was the response from the western media? Nothing but praise! That’s how the US spreads democracy.
Then, in 1996, when Yeltsin was running for reelection, Bill Clinton arranged for a quick $10 billion loan from the IMF and then also visited Moscow just before the election to give Yeltsin a big boost.
Two million Russian children essentially became orphans; suicide rates among men skyrocketed; and the life expectancy for men fell to 58. Between 1991 and 1999, Russia’s population decreased by 8 million.
What no communist could achieve … the brightest minds of Wall Street had accomplished.
In 1998, Russia defaulted on its debt, bank interest rates hit 120%, and the stock market collapsed. (The default itself was bogus because the amount was only about $40 billion, which is nothing compared to the trillions of dollars of natural resources that Russia has). Then to “defend” the value of Ruble, Wall Street advisers forced Russia to sell off all its foreign exchange and gold reserves. When all the reserves were gone … the Ruble still fell 80%.
It was not just the economy that the globalists wanted to destroy — the Russian military was systematically dismantled. Russian fighter jets and tanks couldn’t operate because of lack of fuel; radars couldn’t operate because there was no electricity; and Russian soldiers were driving taxis or begging on the streets of Moscow.
Then as a blow to the national pride, Russia lost the war against Islamic terrorists in Chechnya. What’s not widely understood is the fact the these terrorist groups were replicas of the Mujahideen from Afghanistan. And, yes, these jihadists were still using Saudi Arabia’s funds and CIA’s weapons and training. Thus, while the US economists were destroying the Russian economy, the US foreign policy establishment was working on breaking up Russia geographically.
Then there was the betrayal vis-a-vis NATO. In 1990, the US made “iron-clad guarantee” that NATO would not expand “an inch eastward” if the USSR was dissolved. However, by 1996, the US started proposing NATO expansion. In 1999, Poland, Czech Republic and Hungary were absorbed into NATO. Few months later, NATO bombed Serbia/Yugoslavia 1999 — Serbia was Russia’s staunch ally.
That’s when a few Russians got together and said, “Enough!” They recruited Vladimir Putin to be their turnaround guy. In 1998, he became the head of FSB; next year, he became the Prime Minister; and a few months later, on Dec 31, 1999, Boris Yeltsin stepped down and made Putin the Acting President.
Putin had seen what happened when you trusted the reputable economists, banksters and vulture capitalists from the West. He fought the (traitorous) Russian oligarchs and sent them to prisons, one by one. The lucky ones fled the country: Boris Berzovsky to England; Vladimir Gusinsky to Greece; Yegor Gaidar to Ireland; Mikhail Khodorkovsky to Switzerland and so on.
Then Putin changed everything around –
- Russia’s GDP grew 10-fold in the next 12 years;
- Russia’s GDP world ranking went from 22nd in the world in 1999 to 8th in 2013;
- it’s foreign exchange reserves and gold reserves grew from virtually nothing to become the 6th largest in the world
- Russia’s debt-to-GDP fell from 100% to 18%. Putin paid off all the debt from IMF, World Bank and even the old Soviet-era debts.
- Russia’s oil/gas production, agriculture and exports boomed. It’s now #1 or close #2 in the world in oil/gas production and export; in Dec 2017, in spite of all the sanctions, Putin opened a new $27 billion liquefied natural gas field in the Arctic region; installed a new oil pipeline to China and doubled the exports; and finished a new skyscraper in Moscow
- Russian military became strong again under Putin, and world leaders were flying to Moscow to strike deals. In 2017, Russian firms sold $26 billion worth of hi-tech weapons. Russia now makes fighter jets (Su-35, Su-27 etc.) that can beat US fighter jets in 1–1 “dogfights.”
- Russia’s missile defense systems (S-300 & S-400) are extremely capable and relatively inexpensive — and have been bought by China, Iran, India, Myanmar, Turkey, Egypt and many others.
- Putin outmaneuvered the US in Syria, Turkey and Ukraine; established a solid relationship with China and many other traditional US allies (Qatar, Saudi Arabia, Egypt, Philippines, Vietnam and so on).
- Leaders from around the world constantly fly to Moscow or Sochi to meet with Putin. Many in Europe constantly speak out against the US sanctions on Russia (the undemocratic EU bureaucracy is different from the individual leaders of European countries).
- Most importantly, Putin had made the Russian economy so strong that it has survived the severe (and unfair) 4-year-long sanctions and the vicious attack on Russia’s economy and its currency.
- Putin is also working on independent financial and banking systems that will free Russia and its allies from geopolitical money masters.
So this is the story of how globalists deliberately tried to destroy Russia, and how Putin made Russia great again. This is why Putin’s approval rating has been over 80% for the last 17 years, even though western propaganda demonizes him every day.