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Thread: Russia's former largest foreign investor: Putin is worth $200 billion.

  1. #31
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    Re: Russia's former largest foreign investor: Putin is worth $200 billion.

    Quote Originally Posted by Luftwaffe View Post
    No doubt, he's not that stupid. His wealth is in (I'd assume) dollars.
    If its true that he is worth 200 Billion, then there is no way the majority of its held in U.S. dollars. If you had that kind of money just hoarded it would slow the velocity of money in our economy. Its almost certainly spread across various assets.
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    Re: Russia's former largest foreign investor: Putin is worth $200 billion.

    A few days ago Putin fired 52-year-old Sergei Dubik who chaired Russia's anti-corruption commission. Dubik is politically aligned with former Russian president Dmitry Medvedev.

    Dubik was replaced by Oleg Plohoi, a close personal friend of Putin. If Medvedev opposes Putin in the next presidential election, it wouldn't do at all to have Dubik whispering corruption connections to Putin in Medvedev's ear.

    Putin Fires Medvedev Ally as Kremlin Rift Grows


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    Re: Russia's former largest foreign investor: Putin is worth $200 billion.

    At any rate, Russia doesn't have free and open elections, so Medvedev could never wrest the post from Putin.
    Killing one person is murder, killing 100,000 is foreign policy

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    Re: Russia's former largest foreign investor: Putin is worth $200 billion.

    Quote Originally Posted by SBu View Post
    There's dirt in all politics. I don't think we've ever had a President accumulate such great wealth while in power though. I would argue that democracy limits the corruption and swindling as much as is possible with respect to other government models.
    I don't know if that is necessarily true. India is pretty democratic and is very corrupt. Berlusconi appears to be just as corrupt as Putin and Italy is democratic.

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    Re: Russia's former largest foreign investor: Putin is worth $200 billion.

    Quote Originally Posted by Montecresto View Post
    At any rate, Russia doesn't have free and open elections, so Medvedev could never wrest the post from Putin.
    Russian elections are far better than those in neighboring Belarus, but it would be extremely difficult to unseat a sitting president whose state apparatus controls the media. Medvedev didn't actually unseat Putin in 2008 ... rather Medvedev was endorsed by Putin as a "placeholder" president.


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    Re: Russia's former largest foreign investor: Putin is worth $200 billion.

    Quote Originally Posted by Simpleχity View Post
    Russian elections are far better than those in neighboring Belarus, but it would be extremely difficult to unseat a sitting president whose state apparatus controls the media. Medvedev didn't actually unseat Putin in 2008 ... rather Medvedev was endorsed by Putin as a "placeholder" president.
    I'm sure you believe that, lol.
    Killing one person is murder, killing 100,000 is foreign policy

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    Re: Russia's former largest foreign investor: Putin is worth $200 billion.

    Quote Originally Posted by Montecresto View Post
    I'm sure you believe that, lol.
    Yes. I've personally witnessed their respective (Belarus/Russia) elections. We don't agree on much but give me some credit ... I've lived in this neck of the woods for a long time.

    Medvedev and Putin, although not political clones, have been friends since their days together in St. Petersburg working for city mayor Anatoly Sobchak (d. 2000). When Boris Yeltsin served as the first Russian president, he appointed Putin as his Prime Minister. Medvedev followed Putin to Moscow as a top aid. In the 2000 presidential election, Medvedev was Putin's campaign manager. After Putin won the election, Medvedev served as his Chief of Staff. Because of term limits, Putin could not run again in 2008 so he cut a deal with Medvedev. He would endorse Medvedev for president and Medvedev would appoint Putin as Prime Minister with the understanding that the roles would again be reversed in 2012. That is exactly what happened. Putin is again President and Medvedev is PM. This arrangement won't happen again though. Putin considers Medvedev too liberal politically and they have had a slow but steady falling out during Putin's current term.


    Be polite, be professional, but have a plan to kill everybody you meet. -- Marine Corps General James 'Chaos' Mattis

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    Re: Russia's former largest foreign investor: Putin is worth $200 billion.

    Quote Originally Posted by Luftwaffe View Post
    Too bad all of that money will not be able to fix:

    #1 his physical ugliness

    #2 his moral/ethical ugliness
    Have you seen his girlfriend?

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    Re: Russia's former largest foreign investor: Putin is worth $200 billion.

    Quote Originally Posted by Simpleχity View Post
    Yes. I've personally witnessed their respective (Belarus/Russia) elections. We don't agree on much but give me some credit ... I've lived in this neck of the woods for a long time.

    Medvedev and Putin, although not political clones, have been friends since their days together in St. Petersburg working for city mayor Anatoly Sobchak (d. 2000). When Boris Yeltsin served as the first Russian president, he appointed Putin as his Prime Minister. Medvedev followed Putin to Moscow as a top aid. In the 2000 presidential election, Medvedev was Putin's campaign manager. After Putin won the election, Medvedev served as his Chief of Staff. Because of term limits, Putin could not run again in 2008 so he cut a deal with Medvedev. He would endorse Medvedev for president and Medvedev would appoint Putin as Prime Minister with the understanding that the roles would again be reversed in 2012. That is exactly what happened. Putin is again President and Medvedev is PM. This arrangement won't happen again though. Putin considers Medvedev too liberal politically and they have had a slow but steady falling out during Putin's current term.
    Living there doesn't mean that you could possibly be so intimate with the innermost workings of Russian politics. Do all Russians understand and believe what you're peddling here?
    Killing one person is murder, killing 100,000 is foreign policy

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    Re: Russia's former largest foreign investor: Putin is worth $200 billion.

    Quote Originally Posted by Montecresto View Post
    Living there doesn't mean that you could possibly be so intimate with the innermost workings of Russian politics.
    I have no compelling reason to fabricate. I am personally fond of Russia and her people, especially the Russian interior (east of the Urals).

    Quote Originally Posted by Montecresto View Post
    Do all Russians understand and believe what you're peddling here?
    The majority do, yes. It's no secret and most Russians don't regard it as a bad thing. If there is one commodity in general that Russians appreciate more than anything else, it is stability.


    Be polite, be professional, but have a plan to kill everybody you meet. -- Marine Corps General James 'Chaos' Mattis

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