Russian Economy Breaks Down

Russia is moving backwards.

While the rest of the world embraces digital payments, Russians are increasingly turning back to cash. But why is this happening, and what does it reveal about the state of Russia's economy?

In this video, I examine the latest data showing a surge in cash withdrawals, the impact of internet blackouts, drone attacks, payment system failures and growing concerns over the banking system. We'll also take a detailed look at two fascinating charts that reveal why this trend is raising alarm bells and what it could mean for Russia's financial future.

Is this simply a temporary wartime measure, or is it another sign that the Russian economy is becoming less efficient, less connected and increasingly isolated?

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