The flight of private capital reveals a deep, visceral distrust in the state's survival.
Russians pull billions from banks, fearing Kremlin will seize deposits for war
Russian citizens are withdrawing record amounts of cash from domestic banks amid growing fears that the Kremlin may seize private assets to fund the war effort. The mass liquidation reflects a loss of confidence in the financial system as the state shifts toward a total war economy and resource scarcity.
Source: Russians pull billions from banks, fearing Kremlin will seize deposits for war — The Washington Post
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