NATO-Russia War: $1.5 Trillion Economic Risk | JQJO

Tensions are rising between Russia and NATO, with some Russian officials expressing ambitions beyond Ukraine. A potential war with NATO could cost the global economy $1.5 trillion in the first year alone, according to Bloomberg Economics. While a direct attack on NATO territory remains unlikely in the immediate future, concerns are growing, particularly regarding the Baltic states. NATO is increasing defense spending, and European leaders are skeptical of US President Trump's commitment to Article 5. Various scenarios are being modeled, from a negotiated peace to a full-scale war, with significant economic consequences depending on the outcome.