Ian Bremmer's Quick Take: Hi, everybody. Ian Bremmer here, from New Orleans of all things. I have a little bit of work down here and I thought I would bring you an opening to the week, our Quick Take.

So much going on with the war. I haven't talked much yet about China and its relations to what's going on in Ukraine, but it is coming a bigger and a bigger deal because at the end of the day, no matter what happens on the ground in Ukraine, the relationship economically between Russia and the West is broken. It is not coming back as long as Putin is there. The Europeans are going to spend more on defense. Structurally, they will end their energy dependence and much of their trade with Russia. That is, I mean even if you were to have a peace settlement and the Russians all leave Ukraine, which is not about to happen, you would still break that relationship.