Excellent piece. The only thing I would add is the economic variable. By many accounts Putin is not only degrading his manpower reserves with little gain, he is blowing thru his economic reserves as well. While Russia is reporting 3.5% GDP growth, when you look at the numbers, all the growth is from the government spending on the war and they are spending their reserves at a prodigious rate to do so with no way to replenish them. There is a much better chance that this war will end on the economic front rather than the battlefield.
F-ing excellent. Thank you.
Excellent piece. The only thing I would add is the economic variable. By many accounts Putin is not only degrading his manpower reserves with little gain, he is blowing thru his economic reserves as well. While Russia is reporting 3.5% GDP growth, when you look at the numbers, all the growth is from the government spending on the war and they are spending their reserves at a prodigious rate to do so with no way to replenish them. There is a much better chance that this war will end on the economic front rather than the battlefield.