Analysts announced the consequences for the global economy due to US sanctions

Possible sanctions over Ukraine could lead to a stock market crash in RUSSIA, but would also “hurt” Europe and the United States and jeopardize the stability of the global financial system,say experts polled by the NYT

Possible US sanctions against Russia, which Washington has threatened to impose in the event of Moscow's aggression against Kiev, could lead to high inflation, the collapse of the Russian stock market and other forms of "financial panic", according to analysts interviewed by The New York Times.

However, the restrictions will also lead to consequences for other states, experts are sure. They admit that the “quick and harsh” response promised by the US authorities could be a shock to the economies of developed countries, especially European ones, and threaten the stability of the global financial system.

Sanctions that limit Russian oil and gas exports would be a powerful weapon against the Russian economy and perhaps the most effective economic "deterrent" against an invasion of Ukraine, but they would also "hurt" Europe and the United States, experts say. Some analysts in an interview with the NYT admitted that Russia could respond to sanctions by cutting off natural gas supplies to Europe or cyberattacks on American and European infrastructure.

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The fact that Russia will take retaliatory measures, including through hacker attacks against American financial institutions, is confident a former employee of the US State Department, Rand Corporation analyst Samuel Charap. “We attack their big banks, they will most likely attack ours,” he said. Moscow denies allegations of cyberattacks.