The whole Russian economy is going to collapse. Gazprom is down 87% in Europe since the Russian markets were open. That is a giant energy company with oil up huge.

The ruble took another massive hit again last night. Any Russian financial company is probably already wiped out.

I wouldn't be shocked if the market doesn't open next week, it is not reopening and everything is going to have to be nationalized.

We have never seen this before with a modern economy. In the 1929 market crash 25% of the US population were still farmers. Russia is 5% farmers. Most people are directly exposed to the fragility of the modern economy.

what about the other way around (living in russia working remotely)

People fear what happens next, those who can do their best to leave. We focus on it as it seems to be a major crisis.

But you are right, people who stay will need help as well.

Good luck getting paid. The banks are pretty much all under sanctions. There's no SWIFT transfers, so no deposits from abroad.