The Fall of the Soviet Union: Why the Superpower Collapsed — Fexingo History

The Last Soviet Ruble: Hyperinflation That Killed a Superpower

6 min · 2. juni 2026
episode The Last Soviet Ruble: Hyperinflation That Killed a Superpower cover

Description

In early 1991, the Soviet ruble began its final collapse. This episode follows the currency's death spiral through the eyes of Muscovite accountant Nina Petrova, who watched her life savings evaporate as prices rose 20% per week. We explore the State Bank's disastrous 1991 currency confiscation — the Pavlov Reform — that wiped out ordinary citizens' cash while failing to stabilize anything. Lucas and Luna unpack how the ruble's fall accelerated the Union's breakup: republics printing their own money, farmers hoarding grain instead of selling for worthless paper, and the rise of dollarization in Moscow's streets. Featuring the black-market exchange rates near the Arbat, the story of a ZIL factory worker paid in televisions instead of rubles, and the moment when the Soviet government admitted it could no longer control its own currency. A microhistory of macroeconomic collapse. #SovietUnion #Hyperinflation #Ruble #PavlovReform #NinaPetrova #Gosbank #StateBank #1991 #EconomicCollapse #Moscow #Arbat #ZIL #dollarization #Perestroika #Gorbachev #SovietEconomy #History #FexingoHistory Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]

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111 episodes

episode The Last Soviet Map: How Cartography Shrank an Empire artwork

The Last Soviet Map: How Cartography Shrank an Empire

In this episode, Lucas and Luna explore the little-known story of the Soviet cartographic empire—how the USSR created the world's most detailed military maps, deliberately distorted civilian maps for security, and what happened to those mapmakers when the Union dissolved. Through the eyes of a fictionalized cartographer named Viktor at the Main Administration of Geodesy and Cartography (GUGK), they trace how the secret 'map of secrets' collapsed in 1991 as archives opened, funding vanished, and newly independent republics demanded their own borders. The episode covers the legacy of Soviet mapmaking, from Stalin-era falsifications to the post-Soviet scramble for accurate satellite imagery, and asks: what does it mean when a nation's geography is a state secret? #SovietCartography #GUGK #LastSovietMap #MapOfSecrets #ViktorCartographer #Moscow1991 #Glasnost #Perestroika #BelovezhaAccords #BorisYeltsin #MikhailGorbachev #ColdWar #MilitaryMaps #Geodesy #HistoryOfCartography #SovietSecrecy #FexingoHistory #History Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]

21. juni 20267 min
episode The Last Soviet Newspaper: Pravda's Final Days artwork

The Last Soviet Newspaper: Pravda's Final Days

In this episode, Lucas and Luna explore the final years of Pravda, the official newspaper of the Soviet Communist Party, and how it chronicled—and ultimately succumbed to—the collapse of the USSR. They trace the paper's evolution from Lenin's founding in 1912 through its role as the mouthpiece of the party, and then into the glasnost era, when editorials began to reflect the chaos of perestroika. The conversation focuses on the August 1991 coup and its aftermath, when Pravda was suspended by Yeltsin, then resurrected by a Greek investor, Yiannis Kapsis, but never regained its former influence. Lucas describes the final edition in 1996, the staff's struggles, and the building on Tverskaya Street that once housed a propaganda empire. Along the way, they touch on the rival papers Sovetskaya Rossiya and Krasnaya Zvezda, and how Pravda's decline mirrored the unraveling of the Soviet project itself. #Pravda #SovietUnion #Glasnost #Perestroika #AugustCoup #Yeltsin #Gorbachev #YiannisKapsis #TverskayaStreet #SovetskayaRossiya #KrasnayaZvezda #SovietMedia #Propaganda #1991 #1996 #RussianHistory #ColdWar #History Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]

Yesterday5 min
episode The Last Soviet Cosmonaut: Heroes in a Falling State artwork

The Last Soviet Cosmonaut: Heroes in a Falling State

Episode 109 of The Fall of the Soviet Union turns to the stars. While the Kremlin crumbled, cosmonauts were stranded in orbit, their missions scrambled by a government that could no longer pay for fuel. This episode follows the story of Sergei Krikalev — the last Soviet citizen, stranded on the Mir space station as the country below him vanished. We explore the tense negotiations between Roscosmos and the newborn Russian space agency, the desperate barter deals for Soyuz capsules, and how the cosmonaut corps — once the pride of Soviet science — became pawns in a geopolitical collapse. Drawing on interviews and memoirs from the era, we reconstruct Krikalev's 311-day odyssey, the fall of Baikonur Cosmodrome in newly independent Kazakhstan, and the surreal moment when the Mir crew watched the Soviet flag being lowered for the last time on a shortwave radio. A story of heroism, bureaucracy, and the quiet end of a spacefaring superpower. #SergeiKrikalev #MirSpaceStation #SovietSpaceProgram #Baikonur #Roscosmos #LastCosmonaut #1991 #SovietCollapse #SpaceHistory #Kazakhstan #Soyuz #Gorbachev #Yeltsin #ColdWar #SpaceRace #FexingoHistory #History #EasternEurope Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]

Yesterday6 min
episode The Last Soviet Olympiad: Moscow 1980 and the Empire's Final Game artwork

The Last Soviet Olympiad: Moscow 1980 and the Empire's Final Game

In 1980, Moscow hosted the Summer Olympics—the first ever held in a communist state. But the Games were overshadowed by the Soviet invasion of Afghanistan, triggering a US-led boycott that saw 65 nations stay away. Lucas and Luna revisit the spectacle: the lavish opening ceremony at Luzhniki Stadium, the controversial mascot Misha the Bear, and the gymnastics duel between Aleksandr Dityatin and Nikolai Andrianov. They explore how the Kremlin saw the Olympics as a propaganda victory, yet the boycott exposed deepening cracks in the Soviet system. The conversation also touches on the 1984 Soviet boycott of Los Angeles, the construction of the Olympic Village that later housed Soviet elite, and the legacy of these Games as a symbol of a superpower still projecting strength while bleeding resources. This episode offers a fresh angle on the Soviet collapse—not through politics or economics, but through the lens of sport and soft power. #Moscow1980 #OlympicBoycott #SovietUnion #ColdWar #Afghanistan #Luzhniki #MishaTheBear #AleksandrDityatin #NikolaiAndrianov #SummerOlympics #SovietPropaganda #1984Olympics #LosAngeles1984 #OlympicVillage #Brezhnev #SoftPower #History #FexingoHistory Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]

19. juni 20265 min
episode The Last Soviet Scientist: Anatomy of a Broken R&D Machine artwork

The Last Soviet Scientist: Anatomy of a Broken R&D Machine

In this episode of The Fall of the Soviet Union, Lucas and Luna explore the collapse of the Soviet scientific and technological research system through the story of one man: Dr. Alexei Zaitsev, a physicist at the Kurchatov Institute in Moscow. From the glory days of Sputnik and the Soviet space program to the brain drain and crumbling infrastructure of the late 1980s, we trace how perestroika and funding cuts devastated a once-formidable R&D apparatus. Along the way, we look at specific institutions like the Siberian Branch of the Academy of Sciences, the secret closed cities (ZATO) like Arzamas-16, and the fate of the Soviet laser and nuclear programs. Zaitsev's personal journey — from pride to disillusionment — mirrors the empire's decline. We also touch on the role of the Academy of Sciences in the August Coup and how former Soviet scientists fared in post-1991 Russia, many winding up in China, Iran, or Silicon Valley. This episode offers a grounded, human-scale look at a superpower's knowledge infrastructure unravelling. #SovietScience #KurchatovInstitute #BrainDrain #Perestroika #ZATO #AcademyOfSciences #SiberianBranch #Arzamas16 #SovietNuclear #SovietLaser #Glasnost #MikhailGorbachev #BorisYeltsin #AugustCoup #FexingoHistory #History #EasternEurope #ScienceHistory Keep every episode free: buymeacoffee.com/fexingo [https://buymeacoffee.com/fexingo]

19. juni 20265 min