Putin Needs an Off-Ramp
"What makes this situation even more
dangerous is that Ukraine is (legitimately and sensibly) being armed and
supplied by the very military alliance Russia most fears, NATO.
Meanwhile, Russia is being squeezed by an ever-tightening economic
blockade designed to force its defeat. On top of all this are credible
claims that if this campaign ends in humiliating defeat for Russia, it
will prove terminal for not only the country’s national prestige and
power, but Putin’s regime itself.
When a gambler has already lost so much that he will go bankrupt unless he can turn it around, the logical thing for him to do is to continue upping the stakes. This is the desperate opponent the West mayread now face. Worse: This is the opponent whose bloodstained debts the West may have to to write off."