I was there till the middle of 90s i see the worst of the post-collapse, yes things got worse but Putin is not some genius savior who rode in on a white horse to save Russia from evil capitalism as is the prevailing narrative nowadays. Rising oil prices and modernization of the oil industry by a certain oligarch whose company was then taken from him by Putin is where most of the money came from, money then used by Putin to grab more power.

What followed the USSR was a wild west free for all bringing out the worst of capitalism, with even more corruption and organised crime taking over daily lives of just about everyone. It is tragic and sad that Russia could not transition to a modern economy like some Eastern European countries done.

Putin loves to push the story that without him Russia will go back to the bad old days of "democracy and capitalism" of the 90s, and that his way is the only way forward. The whole thing is awful similar to what was argued in Germany in 30s btw.