This must be happening all over Russia:

[Tomconroy]

Link to tweet

[uponit7771]

1. So why is there a notable run on the banks NOW vs when the sanctions were announced? Is there

... an event or something by Monday that triggers their money being locked up?

Thx in advance

[MarineCombatEngineer]

3. The Russian people probably just found out

because, well, let's face it, the Russian Govt. hasn't been exactly honest and open about informing the general public about the sanctions.

[uponit7771]

6. Ah, wait till they find out their money isn't going to be worth shit or its falling to the point of

... being useless and their economy is being choked to death.

No wonder Putler said taking him off SWIFT would be a declaration of war when he attacked Crimea

[Johonny]

8. Yes, but unlike China

Russia has poor control of the Internet. The Russian people on FB or Twitter among others, know exactly what is going on.

[MarineCombatEngineer]

9. Especially the younger generation of Russian's,

they are much more tech savvy than the older generation.

[MissB]

4. They probably heard that some Russian banks are blocked from SWIFT

That’s my guess. They try to buy something and find their card declined and figure it out pretty quickly. They need cash.

[Hugin]

5. For one thing, the ATMs won't be refilled.

Those people are in the process of draining the existing cash reserves while they can.

Tomorrow, if the banks are open, they will probably be turned away. Except for the oligarchs. The banks are always open for them.

[dalton99a]

2. Soon a return to the good old days

[Bernardo de La Paz]

7. RWs tried to make fake bank run in Canada. Meantime their hero made a real one in Russia. nt