This would be the only way to achieve a rapid and decisive impact on Russia’s capacity to fund the war.
Moreover, governments are reluctant to explain the full extent of the energy crisis to their public. This crisis will impact the lives and purchasing power of consumers, as well as companies, for several years to come. Here again, it is silence that sends an implicit message. Western governments should clearly state that the defense of their principles and security requires sacrifices on the part of their citizens.
Some have argued that Putin has already lost the war because of the West’s "strong reaction". This depends on how we define victory or defeat. The two implicit messages mentioned above could well be interpreted as signs of weakness. In consequence, the head of the Kremlin may think that time is on his side. Putin has the power to impose considerable sacrifices on his population.
Adding to this, it is important to consider the perception of the war by the rest of the world. It seems excessive to declare, as we sometimes hear, that "it is the West that is isolated". However, it is true that Russia continues to benefit from indulgences by a majority of emerging powers. Their resentment against the United States and the West in general seems greater than their disapproval of this war. On a practical level, this is leading to a situation whereby key countries like India or the Gulf States refuse to follow the West’s policy of isolating Russia. The Moscow-Beijing axis perceives the war in Ukraine as a strategic blow against a world order still dominated by the West. The more Russia and China feel that the rest of the world is only paying lip service to the West, the more incentive they will have to further undermine and change the current world order.
What should the consequences of these facts be? At this stage, it seems that complacency will not protect the West from scenarios that threaten its strategic interests: a prolonged conflict without a real conclusion, a Ukrainian defeat confirming the validity of Putin's strategy, or a partitioning of the country through which the Russians would secure the richest lands in the East and the shore of the Sea of Azov. No matter how the situation evolves, Putin will inevitably present it as a strategic success.
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