Russia's sphere of influence not only upsets the balance of power economically in Europe by being the 3rd largest economy there, the looming defense forces stretched across Eastern Europe threatens to demand notice and dominate the real estate there as it has with Crimea. The Wall Street Bears awoke in the wake of Russia's potential invasion and Ukraine's civil unrest, plunging down rather quickly that week in February. When the Russian Premier, Putin announced that he wouldn't invade , the markets rapidly picked back up and high yields were produced from western markets. Russia is well represented as a member of the BRICS economic union, a super group consisting of Brazil, India, China and South Africa. These developing markets are buying up tons of gold , particularly China and India. The BRICS are dictating economics by suggesting a new currency exchange that might replace the U.S. dollar (USD) one day very soon. The Euro is slipping in value as well. With Persian Gulf alliances preferring a petro-Euro rather than a petro-dollar, the tides are slowly turning in favor of Eastern states. Isolating Russia with symbolic or even real harsh sanctions or kicking them out of the G8 will have little effects on stopping Russia's economic alliances. Putin is hoping to revitalize the old Soviet Union and it's Federation with a new Eurasian Union that will rival the G8 and the European Union.
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