Unprecedented Revolt in Kremlin
In a remarkable turn of events, never before seen in the history of Russia, a revolt is taking place within the walls of the Kremlin. The oligarchs and the siloviki, who have always maintained composure in the face of upheaval, have been left astonished. The fact that a large group of influential oligarchs refused to meet with Vladimir Putin speaks volumes, indicating a level of discontent that is truly unprecedented. This disruption within the Kremlin foreshadows even bigger events to come, political earthquakes of immense proportions. The fuse has been lit, and there is no stopping the tectonic shifts that are soon to shake the Kremlin to its core. In fact, a war is about to break out in the open, and there are too many thresholds that have already been crossed to prevent it from happening. A recent development, led by Jeffrey Sonnenfeld, Steven Tian, and a research team at Yale School of Management, has presented compelling evidence regarding the economic impact of sanctions on businesses operating in Russia. The team’s research has demonstrated that six times as many major businesses have reduced their operations in Russia compared to those that did so during the apartheid-era boycotts in South Africa in the 1980s. This downturn in business activity can be attributed to the economic measures that have been imposed, as well as the reputational risks associated with continuing to operate in Russia.
Despite Vladimir Putin’s attempts to limit media coverage of this development within Russia, it is clear that he is deeply concerned. The Kremlin has even accused critics of participating in a “Russophobic” campaign and has personally sanctioned Jeffrey Sonnenfeld. As already reported many times, the Yale research team has created a “list of shame” documenting the companies that continue to do business in Russia despite the sanctions. The list was created in close cooperation with the Kyiv School of Economics. There are several reasons why Vladimir Putin is so worried about the research that has been conducted by Sonnenfeld, Tian, and the Yale research team. Firstly, it has significant economic implications for Russia. The fact that so many major businesses have reduced their operations within the country indicates a decline in foreign investment and much weaker economic growth. This is particularly worrying for the Kremlin Siloviki given that Russia has always been heavily reliant on foreign investment and exports to maintain its economic stability. At the same time, Russian patriots everywhere — know in their bones — that the time has come to take back Russia before the traitors in the Kremlin transform the nation into North Korea.