And let this be a lesson to US Billionaires.
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Somebody didn't watch Rules for Rulers, keep your elite happy or they'll come together and turn on you.
Fingers crossed.
Strukov is about to suffer the effects of defenestration.
It’s giving Elon-Trump vibes
Strukov’s company has denied the incident entirely, stating that he was in Moscow on the day in question and calling the reports “disinformation.” But court documents confirm that a judge had already banned him and his family from leaving the country, and government agencies moved quickly to enforce it.
I will now recommend the Sad Oligarch podcast. Short series on the mysterious deaths of Russian oligarchs in the last few years.
defenestration podcast.
A friend of a friend is the daughter of a Russian oligarch. It was a messy situation in which she was at risk of being drawn into the politics, even though her dad was an asshole who she would've been glad to see defenestrated. I only know the surface level info, but it sounds like a fucked up situation in many ways
This is a pretty good example of why I say even millinoaires and billionaires should support a functional democractic society with taxation and regulation and social safety nets. Its the old penny wise and pound foolish. Getting a sliver more and a sliver more and then you lose it all because the rule of law was thrown out long ago. It won't necessarily take that long to. At a certain point it could happen at any time. Maybe it will. Maybe it won't.
Or you end being shoot on the street and the entire world celebrates it.
This all depends on the people born into wealth being reasonable people.
Most are unhinged psychopaths or nepo babies with too much ego.
Which is why wealth needs to be forcefully redistributed, they won't do it voluntarily.
Wealth is actually being redistributed quite a bit in Russia right now. The oligarchs are paying for the war and "the people" are getting much higher wages either in the military or because of labor shortages.
It's not great, what with all the death and destruction. But Russians gini coefficient is going down fast.
a functional democratic society would not have billionaires and hopefully millionaires neither
Ooooh, gringo broligarchs, cast your eyes upon all the fucks left to give, and see that $Trump wallet may also be empty.
Billionaires siding with dictators thinking they'll be protected?
It's funny to me that they think they'll be special, every single time. "They won't throw me out the window for my fortune!"
Well, in the case of Nazi Germany it worked spectacularly well. Many of Germanys most rich people are inheritors to industrial fortunes that got unimaginably rich with selling weapons to the Nazi army and using forced labor from the concentration camps. The families Quandt/Klatten (BMW) and Porsche/Piech (Porsche,VW, Audi...) come to mind directly. The Krupps are also still in the game although they have gambled a lot of money away over the past decades
It is worth mentioning that in the case of krupps they made a lot of money selling arms in WWI and they purchased newspapers to sell the war to increase profits.
Own all the newspapers... Propaganda... Seems familiar.
Some folks became billionaires in Russia simply because they were friends of Putin though.
These may truly be protected class. Everyone else though - out the window as soon as they outlive their usefulness.
russian oligarchs are only useful as a personal piggy bank for putin, he distributes the wealth around and then siezes it back down the line.
Nah. They all play this game; they all know the risk. It’s all about gaining leverage and the correct alignment at the right time.
He probably knows it’s happening and sacrifices himself for his family and assets.
This is the oligarchy that American technocrats want to recreate at home. Owning things is dependent on being alive. Maybe paying a couple percent extra on taxes is worth it.
If you nationalize your industry, you should be doing it to reform and re-gear it to support your country.
Clearly, Putin here is not interested in making it good for the country, but that his petty war has him cash-strapped and needs to forcibly 'borrow' his billionaire friends' assets.
The USA elite should take notice. It'll happen to them too. Trump will ruin them if things get between himself and them.
It’s all ready happening between him and Musk unless that’s all kayfabe
Neither of them has the chops to pull off such an act. They're genuinely horrible idiots.
I'm really excited for Zuckerfuck to get Trump'd. Unlike Musk, he'll do it in the most pathetic way... Raging like a little nerd by writing private temper tantrum emails and everyone in his circle comforts him because he pays them 7-figures.
Tbf, musk’s way is also pretty pathetic.
You mean covfefe?
It's funny because $3.5bln is nothing when trying to cover the war effort, but it'll spark a massive distrust in the Kremlin's inner circle, which is basically the only group of people that can realistically threaten Putin's very life.
I'm still waiting for these fuckers to finally grow some balls.
Nah. Russia will implode itself on its own even without resistance. As if Russia never learned anything that autocratic control over economy never works, because their political culture is too corrupt to function effectively.
Francis Fukuyama, as wrong as he was about the end of history, is still correct that dictatorships eventually collapse because they surround themselves with yes men who are too detached from reality. The invasion of Ukraine is the beginning of the end for Putin. It is only a matter of time.
Conversely, if Putin falls out a window, maybe they can keep their business.
putin is paranoid enough not to go any windows, he often only ventures from his PALACES under fsb protection to a room where he has 20m table away from his inner circle.
His guilded prison.