Honestly, I think corruption is at fault for the initial mess and Putin trusting too much of what the numbers say. Russia had a decent military budget, they should've done better than they did. What I think happened was that the budget dwindled as people on all levels were skimming away little bits for their own pockets until only fragments arrived where the money was supposed to go. Everyone cleaning up their numbers bottom up and thus Russia had a solid military on their papers while things were falling apart at the bottom.
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