Russian Bank Panic

If you would like to support the Channel: https://www.buymeacoffee.com/JoeBlogs   / joeblogsyt   YouTube Membership -N    / @joeblogs   YouTube Super Thanks (click below) Russia’s banking system is coming under growing pressure as billions of dollars are withdrawn in cash, corporate bad debts rise and the Kremlin faces mounting difficulty financing its widening budget deficit. Russian banks remain profitable, but the pressure is building. High interest rates are squeezing companies, overdue loans are increasing and banks are being asked to absorb more government debt just as liquidity is becoming tighter. In this video, I look at the latest data from Russia’s banking sector, the surge in cash withdrawals, the problems emerging in the bond market and why these developments could have serious implications for Moscow’s ability to continue financing the war in Ukraine. Is Russia experiencing the early stages of a banking crisis — or can the Kremlin and the Central Bank keep the system under control? If you enjoy the video, please give it a thumbs up, subscribe to the channel and hit the Hype button if it’s available to you. #russia #putin #wildberries #economy #akzonobel #business #investing #sanctions #ukraine #globaleconomy #geopolitics #markets #finance #ruble #russianeconomy #donaldtrump #globalrecession #russianoil #gdp #rouble #ukraine #uk #pricecap #GLOBALFINANCIALCRISIS #RUBLE #SWIFT #RECESSION #CHINA #USA #NATO #WW3 #WORLDWAR310