Jürgen Nauditt 🇩🇪🇺🇦@jurgen_nauditt
Russians are panicking and withdrawing their money from banks – the system is on the verge of collapse.
In January 2026, a record 1.1 trillion rubles were withdrawn from accounts.
People are resorting to cash en masse, and with good reason. Against this backdrop, banks should be given the right to limit cash withdrawals to 50,000 rubles per day. Officially, this is, of course, for protection against fraudsters. In reality, it's about controlling access to one's own money.
At the same time, the percentage of non-performing loans has crossed the critical threshold: 11% in the corporate sector and 13% for consumer loans, with the theoretical "red line" at 10%.
Add to this rising military spending, a budget deficit of around 8 trillion rubles, and dwindling reserves – the pressure on the system is becoming systemic and affects everyone.
Reports of deposit freezes no longer sound like fantasy. It's more a matter of time.