Bank Runs Have Started In Russia Too

First it was Canada, now the Russians are scrambling trying to get foreign currency out of their banks because it has because their government has been blocked from using the SWIFT system.

The Ruble is expected to take a beating starting tomorrow.

“I‘m In Shock”: Russians Scramble To Pull Money From ATMs As Bank Runs Begin

In his brief assessment on the impact exclusion from SWIFT would have on Ukrainian banks, hedge fund billionaire Bill Ackman said that “once a bank can’t transfer or receive funds from other banks, its solvency can be at risk. If I were Russian, I would take my money out now. Bank runs could begin in Russia on Monday.

It has already started.

Follow that link to read the rest.

WWIII is well under way people. There may be tanks and planes and bombs dropping in Ukraine but the rest of the entire planet is fighting a 4th Gen war using cyber attacks and economic weapons.

Food insecurity, supply chain interruptions and energy availability are also part of the arsenal being deployed against every citizen of the world, right now, as you read this.

It ain’t going to get any better anytime soon either, as a matter of fact, it is just getting warmed up.

11 thoughts on “Bank Runs Have Started In Russia Too

  1. China joe is going to push Putin , and he will drop the hammer on hunter , china joe. Trouble is it’s going to wreck our economy more than it is already.

  2. “It ain’t going to get any better anytime soon either, as a matter of fact, it is just getting warmed up.”

    Same can be said about the anger of the American people…our shitty attitude ain’t gonna get better anytime soon…it’s just getting warmed up.

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