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Todays celebrated famous birthday of the day is Boris Yeltsin
![]() Yeltsin, a populist advocate of radical reform, became Russia's first democratically elected president in 1991. Just days after the dissolution of the USSR, Yeltsin embarked on a program of radical economic reform, converting the world's largest socialist planned economy into a market-oriented capitalist one. The skyrocketing prices, heavy taxes, and credit crunch that followed produced a protracted depression that devastated Russia. How, then, did Yeltsin manage to win a second term in 1996? Last edited by Detomah; 01-02-2008 at 12:27. |
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