It is going to be a bloody mess, as it has been stated above though, Australasia has generally been pretty resilient to worldwide recession. The UK and USA will be a bloodbath with furlough being the word by Christmas. Of course the other option is that Putin will claim the win at home with the new territory and won't push any further except to reinforce the new border and the West will protest but won't push Ukraine to retake it and the whole thing will fizzle combined with a Worldwide recovery as stability returns...... Thats the excitment of the current mix of events, we actually have no idea.