He went and done it. Putin has recreated much of USSR. The only thing is he recreated all the crappy parts. Russia will now have a lower standard of living, isolation, more oppressive state police, and technological inferiority. He’s even destroyed Russia’s commercial airlines. While the rest of the world will be living in the 21st century, Russia will be back in the 20th.
If a peace deal was signed today Russia will still be feeling the effects for years to come. It’s much easier to break things than to fix them. As the days drag on the hole gets deeper. A lot of smart people have already left the country and more are trying to get out.
Russia has shown itself to be a risky place to do business. Even the oil industry, the backbone of the Russian economy, has lost western investment and expertise. Not only that western countries no longer want their energy needs reliant on Russia. It will be a huge boost for sustainable energy development.
Putin has sacrificed everything for a military adventure and even that’s not going well. There’s a dark joke going around the US State department. Russia was once thought to be the world’s second most powerful military. Now they are the second most powerful military in Ukraine.
Putin is a cautionary tale. No country should allow one man to have that much power.