The United States Gold Bureau has constructed an infographic detailing the financial war the West has launched against Russia since it invaded Ukraine earlier this year. The SPDR S&P 500 Trust (NYSE:SPY) is down 7.4% since the Russian aggression began on February 24. But sanctions and other actions by countries around the world in response to the war have had a far more crushing impact on the Russian economy.
Goldman Sachs recently projected that these punitive measures, cutting Russia off from the global economy, will lead Russia's GDP to drop 10% in 2022.
