From #AnnafromUkraine @[email protected]
RUSSIA’S BANKING CRISIS: KREMLIN CONFIRMS Vlog 1308: War in #Ukraine
pro-#kremlin #economists have officially announced the onset of the #banking crisis in #russia: a share of non-performing assets exceeds 10%; huge #depositors` run; forced reorganization (1700 bank branches closed in 2025 alone).
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A bonafide nationwide bank run is now setting up in #Russia, as #depositors pull out funds at near record levels.
One cause of #financialcrisis, as you will recall from history, is when #depositors decide to remove their money from #banks... again, as you will know, due to low capital adequacy ratios, banks don't hold enough cash to satisfy (immediately) even a smallish proportion of those wanting their savings back.... leading in extreme cases to a bank run.
So, when we see deposits in both the #Eurozone & the US turn negative (in aggregate), we might pause to wonder whether we have avoided a crisis?
A fall of Silicon Valley Bank
Has left many depositors in a funk
They've tried to withdraw
But Gary Cohn warned
That it's not as easy as a blink
#siliconvalleybank #garycohn #depositors #money #limerick #poetry
Depositors wait
For their money to come back
Silicon Valley Bank
In the wake of the stunning collapse of Silicon Valley Bank, depositors who kept their money with the lender wonder when they'll get their money back — and if they do, whether they'll be able to retrieve all their funds.
Jörg Honegger 
🇺🇦
SPRAVDI - Stratcom Centre
acemaxx
Emeritus Prof Christopher May
Poetry News
Chuck Darwin