Russia’s Banks Are Collapsing—And Fast

Russia’s economy is unraveling under the weight of war, inflation, and a collapsing credit system. While the Kremlin projects strength, the reality is catastrophic: -Credit card defaults have surged by 70% in four months. -Banks are bleeding liquidity despite emergency repo auctions -Food inflation has hit 92% (potatoes), 48% (onions), 36% (butter) -Interest rates remain stuck at 20%, strangling growth -The state has capped cash withdrawals to prevent a silent bank run ... And now, even the Kremlin’s own economists are sounding the alarm: According to a new report from Moscow’s Center for Macroeconomic Analysis and Short-Term Forecasting (CMASF): 💥💥"A systemic banking crisis... would involve at least one of three conditions: non-performing loans exceeding 10% of total banking assets, a significant withdrawal of funds by depositors, or large-scale bank recapitalizations exceeding 2% of the country’s GDP, " reports The Moscow Times in June 2025. 👉 This is no longer just an economic downturn. This is the implosion of Putin’s war economy from within. 💥💥Become a Channel Member: https://www.youtube.com/channel/UC1txJ3q_-g_vhOeIwYOKEeQ/join 👏 Connect with Jason for real-time analysis and verified updates: Substack: https://jasonjaysmart.substack.com X (Twitter): https://x.com/OfficeJJSmart Facebook Personal: https://Facebook.com/JasonJaySmart Facebook Professional: https://Facebook.com/OfficeJJSmart LinkedIn: https://Linkedin.com/in/JasonJaySmart Mastodon: https://defenseofliberty.social/@OfficeJJSmart BlueSky: https://bsky.app/profile/JJSmart.bsky.social YouTube: https://YouTube.com/@jasonjaysmart Website: https://JasonJaySmart.com