Obama panics before big meeting at Minsk, then calls and Threatens big Costs to Russia if Putin will not stand down. Poroshenko defiantly says he will declare martial law in Ukraine if Putin will not cease aggression. The world now at a crossroads to find out the outcome of these threats. Europe at the breaking point as Russia issues sanctions against them. Europe may be on the brink of collapse, Russian rubel falling. U S pushes Germany and Europe into economic crisis. Will Merkel hold out? Can U S dollar hang on. Who will blink?