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Why was Yeltsin in a hurry to transfer power to Putin in 1999?

author:Wind forests in the distance
Why was Yeltsin in a hurry to transfer power to Putin in 1999?

Before Yeltsin left office, his approval rating was only in single digits, and if he did not take the initiative to retire, he was in danger of being liquidated.

In this regard, Yeltsin is still relatively sober, he began to choose a successor in 1998, and in less than a year and a half, five prime ministers were replaced, and finally he had a discerning eye and chose Putin as prime minister.

In May 1998, Putin was the deputy head of the presidential office, and in July, he became the chairman of the Federal Security Council (formerly the KGB). In March 1999, Putin served as secretary of the Federal Security Council, became the first deputy prime minister and acting prime minister on August 9, on August 16, Putin officially became Russia, and on December 31, Yeltsin officially handed over the presidency to Putin, Putin became acting president, and became the official federal president after the general election in March of the following year.

Why was Yeltsin in a hurry to transfer power to Putin in 1999?

As for Yeltsin's evaluation, if you look at it from both sides, on the one hand, there are Russian heroes who promoted the disintegration of the Soviet Union, smashed the coup d'état launched by Soviet soldiers regardless of the danger, promoted Russia's independence, and established the CIS; On the other hand, during his 10 years in power, he was really not the material for governing the country, which led to a mess of domestic economy and development, the collapse of the national economy, weakness and compromise with the outside world, and the suppression of the West at every turn diplomatically and militarily, resulting in Russia's increasingly bad geopolitical environment.

Probably, choosing Putin as president was the only correct decision Yeltsin made in the past decade.

Of course, this is not without conditions, Putin naturally ensured that after coming to power, Yeltsin will not be liquidated, and the first order Putin signed after taking office was the "Order on the Legal Protection of the President of the Russian Federation and Members of His Family who have ceased to exercise their powers."

In this way, the safety of Yeltsin and his family after he left office was guaranteed by law, and Putin has always provided protection and sufficient respect for Yeltsin and his family throughout his subsequent ruling career, so that Yeltsin can enjoy his old age in peace.

Yeltsin's ten years in power were really very unsuccessful, and the huge Russia was on the verge of collapse.

Economically, in order to live a good life in the Western way, Yeltsin fully accepted the shock therapy of the West, and then Russia, which had been engaged in a planned economy for more than 70 years, immediately opened the free-market economic model......

Why was Yeltsin in a hurry to transfer power to Putin in 1999?

Since then, Russia has carried out a complete privatization of the whole country, not only various enterprises and institutions...... Even the media and banks have been privatized......

Foreign capital has opened a large number of banks in Russia, they have offered high interest rates to attract Russians to save money, and at the same time, stimulated by the liberal economy, foreign banks have also lent heavily to those who want to get rich overnight, and hot money has poured into all walks of life, and the market seems to be booming.

And in the overall privatization, every Russian has received a lot of shares in the restructuring of state-owned enterprises.

Seeing that the economy was so "prosperous", Yeltsin and the Russian government were full of ambition and continued to develop the economy in accordance with the economic rules of the West: financial openness, free markets, and the abolition of government supervision......

While the Russian people were still immersed in the hope of a better life, Western financial capital began to act......

The Western-controlled media began to degrade the Russian economy...... Singing the ruble...... Creating economic panic through all kinds of true and false news......

Yeltsin and the government did not have control over public opinion at all, and the media were not in their hands.

Soon, under the continuous propaganda of the media, economic panic began to appear in Russia, and everyone began to sell their stocks......

Soon, the Russian ruble began to fall...... The stock price plummeted...... Chain reaction...... Everything is falling.

Why was Yeltsin in a hurry to transfer power to Putin in 1999?

In a few years, the Russian ruble has plummeted thousands of times, and the shares and rubles in the hands of Russians have almost become waste paper.

Then, Western financial capital bought the shares sold by the people at the price of cabbage, and easily acquired many high-quality Russian state-owned assets at a very low price.

This path is the same as the acquisition of shares of many large enterprises in Japan and South Korea by Western capital after the economic crisis in 1998, such as the Samsung empire, which became a fat sheep in the hands of Wall Street bosses.

Militarily, Yeltsin also obeyed the United States, and the United States strongly advised Russia to reduce its armaments.

As a result, Russia's ocean-going navy has abandoned its martial arts and become a coastal defense navy, with aircraft carriers, nuclear submarines, and cruisers, all that can be dismantled and those that can be sold.

As a result, all Russian aircraft carrier projects were stopped, aircraft carriers such as "Kiev" were sold, and in the end only one "Marshal" remained, and a large number of nuclear submarines were dismantled. The Russians not only dismantled it themselves, but also asked the Americans to help dismantle it.

The Americans are not welcome, dismantling the Tu-160 long-range strategic bomber, directly sawing it into several sections with a chainsaw, and then handing over the wreckage to the European allies to dispose of.

In this way, European and American countries helped Russia destroy a large number of strategic weapons, and Yeltsin also expressed his gratitude for their help.

As a result, when Russia's martial arts were almost gone, the Americans wiped their faces and did not admit their accounts, not only did NATO not dissolve, but also expanded more than a dozen countries eastward in one go, completely driving Russia's forces out of Eastern Europe and Southeast Europe.

In 1999, when NATO bombarded the Federal Republic of Yugoslavia, Yeltsin was anxious and announced that he would increase his troops, and the United States immediately threatened to stop billions of dollars in loans to Russia, and then Yeltsin fell silent.

Russia in the 1990s was a master who was taken by the United States, repeatedly cut leeks, and all kinds of PUA.