Blaming the victims of the US empire for not withstanding its onslaught.
In 1996, after receiving incredibly low approval ratings, the US helped elect Boris Yeltsin, an incompetent pro-capitalist independent, by giving him a $10 Billion dollar loan to finance a winning election. Rather than creating new enterprises, Yeltsin’s democratization led to international monopolies hijacking the former Soviet markets, arbitraging the huge difference between old domestic prices for Russian commodities and the prices prevailing on the world market. Much of the Yeltsin era was marked by widespread corruption, and as a result of persistent low oil and commodity prices during the 1990s, Russia suffered inflation, economic collapse and enormous political and social problems that affected Russia and the other former states of the USSR. Under Yeltsin, Between 1990 and 1994, life expectancy for Russian men and women fell from 64 and 74 years respectively to 58 and 71 years. The surge in mortality was “beyond the peacetime experience of industrialised countries”. While it was boom time for the new oligarchs, poverty and unemployment surged; prices were hiked dramatically; communities were devastated by deindustrialisation; and social protections were stripped away.1,2
Blaming the victims of the US empire for not withstanding its onslaught.