How Did The Cold Revolution Lead Up To The Decline Of Russia

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After the Soviet Union broke apart, Russia decided to form a new government having elections in 1990. While many seats were being taken, Moscow ended up losing six elections which started to cause a war of laws against Moscow’s central government. This led to them refusing to pay taxes, control over their local economy, and rejection of union-wide legislation. This fight ended up having supply lines disrupted and had the Soviet economy decline further. The breakup of the Soviet Union had Russia break out into fights and ended up causing political problems. After the collapse of the USSR, Russia’s struggle to westernize and to capitalize was unsuccessful under the leadership of the new president Boris Yeltsin. His plan to get rid of all communism was to deal a lot of damage towards the political and economy structure in the country. However, since he came into power so suddenly he had done little in the first month which caused citizens to worry if …show more content…
The Russian stock market fell 10% after the arrest while major disruptions also occurred in the government. The Prime Minister disapproved of Putin’s decision and his chief of staff resigned. Since Putin keeps getting involved into affairs like these over and over again, Oligarchs keep getting threatened When Boris Berezosky and Vladimir Putin were faced the same problem like Khordorkovsky, they chose exile over arrest by Putin. Vladimir Putin wanted to keep Oligarchs out of politics, people argue whether it’s because he feels threatened or a result of anti-capitalism. Either way, “His actions gave a huge blow to progression of westernization in Russia. Which had shaken the confidence of foreign investors in the country.” Which is important since foreign investors already has to deal with issues in Russia like weak banking systems and their overall horrible

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