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The Ukraine Crisis And Its Effects On Global Economy

1.

Nuclear War

One of the most scary effects of the crisis is the whole nuclear weapons reinforcement.

While in 1994 the leaders of the United States, Hungary, Great Britain and Russia signed a treaty that was meant to assure Ukraine that her borders will forever remain the same and that, none of the neighbors will invade them, they should give up all the Soviet nuclear weapons they had at the moment.

This treaty was broken and there was signaled a larger demand for nuclear weapons as some countries fear their independence.

While the rush for nuclear arming translates to a future nuclear war, global economy has to suffer, while a gross part of the funding necessary to revive an economy is thrown in the path of destruction.

By breaking the treaty of disarmament and global stability, has created a precedent for future countries to defy the logic and the role of this treaty and go against the aggressors they think will come and engage in conflict.

What do you think about these situations? Which one do you thing is the least damaging?
Let us know in the comments below!

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