If just thinking about your bills makes you feel confused and disorientated,

like your head is full of Raspberry,

then you need Monzo.

Download your new favorite bank and pay bills from custom pots.

Money never felt like Monzo.

UK residents, T's and C supply.

Well, howdy there internet people with

about again so today we're going to talk about the Russian

economy we're going to do this because I was curious I wanted to know how the

sanctions were performing so I reached out. For those who don't know

when we talk about economics on this channel generally it means that I reached out to people

who are way smarter than I am on this topic

and I'm telling you what they told me. In this case I couldn't get a consensus.

So instead of the normal three people that I reached out to, I reach out to a fourth and still

couldn't get one.

There are very, very few things that they all agree on.

So what we're going to do is go through the various scenarios that were presented.

And I'll tell you what they told me.

Three of them say it's going to happen on the fourth, that the fourth will be the dividing line, fourth of next month.

Why? Because apparently right now Russia is kind of technically already in default.

They're in a grace period. This month they were supposed to make

payments in dollars to service a debt. They couldn't do it. They tried to do it in

...