I explained a month ago that a Russian invasion of Ukraine would be a disaster for Russia in today’s global economy. Russia would be financially crippled by sanctions and would alienate its European oil and gas customers.
Moreover, I explained, the Ukrainians are not defenseless, and would probably put up a spirited fight. The Russians had little to gain in an invasion and much to lose. I confidently concluded that Vladimir Putin was not foolish enough to invade.
Events have proved me right in every respect except my conclusion. It turns out that Putin was indeed foolish enough to invade.
His invasion has not gone well. The Ukrainians have destroyed hundreds of Russian tanks, aircraft and artillery. They’ve killed four Russian generals. They’ve blunted the Russian attack and are now counterattacking.
the Aspen beat 