The us. And its allies imposed several economic sanctions on russia for invading ukraine, and they have effectively cut russia from the global financial system. Russia, in turn has responded in kind by stating that they may stop supplying gas altogether, if push came to shove. The point here is this, while globalization has allowed nations to prosper, it has also exposed them to the whims and fancies of a few select nations that dominate global trade. So yes, it's unlikely that globalization as an idea will cease to exist but we will likely see a shift in perception from interconnectedness to self reliance.