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Twilight of the Oligarchs?

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by Andrew Joyce, Ph.D.

“Those who spend enough time observing Jews, however, will know that the curious thing about them is that associated stereotypes have an uncanny habit of finding constant empirical confirmation. Take, for instance, a recent news article pointing out that Israel has experienced an influx of Jewish refugees since Putin’s invasion of Ukraine on February 24. The punchline is that the influx has involved many more economic refugees from Russia, who are seeking relief from Western sanctions and dropping currency values, than Ukrainian Jews seeking safety from violence. Faced with warfare, Jews really are “putting the preservation of one’s money on par with the preservation of one’s life.”

In one of my favorite anecdotes from the Ukraine crisis thus far, the Russian-Israeli immigration lawyer Eli Gervits claims to have received thousands of calls from Russian Jews issuing an appeal he calls SOS: “Save our Savings.” This remarkable story is emblematic of the fact Putin’s war in Ukraine is a net negative for the Russian-based international Jewish oligarchy, and the international Jewish networks that survive and thrive on their patronage.”

[Article].


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