(MOSCOW) – Russian banks are preparing for a potential systemic collapse as the Kremlin’s war economy enters what economists describe as an escalating financial trap, with problem debt now exceeding the threshold for systemic risk and military spending consuming an increasingly unsustainable share of national resources. According to economic experts inside and outside Russia, approximately 11% of all corporate debt in the Russian Federation is now classified as problem debt, a figure estimated at 131 billion US dollars. This surpasses the 10% threshold widely recognised as systemic risk territory, indicating that Russian banks are facing serious solvency challenges. The Russian government…