• Sanctions do come with severe economic ramifications.
  • Europe imports much of its energy, food, and raw materials from Ukraine and Russia. It is likely this will cause a recession in Europe.
  • Will it spill into the US? The entire world?
  • Stocks could fall another 10-15% from current position if we enter a recession.
  • What happens if China takes the side of Russia? What will the ramifications be?