>I'm guessing that hump in the Russian yield curve is about to be more like the Burj khalifa than a camel

There won't be a curve, it will be a yield cliff taller than the burj. Mind you, they were already at 10% interest rates and inflation. Economists are going to need to invent new words for how much of a failure the Russian economy will be.

People might as well not go to work, they know their employers wont be paying them; even if they did pay them, the amount will be meaningless. Might as well take to the streets.

But dont worry, russian central bank says they are solvent... despite the reality that max withdrawals are $20 and lineups are very long. LOL!