Russia is currently fighting two wars: A heated war with Ukraine Whose cost is measured in death and destruction and the Cold War with the West, whose cost is measured in economic hardship and inflation.
Russian President Vladimir Putin Knows that time is not on his side in this Cold War. Even in China’s own corner, with the US and its allies have great benefits in money, knowledge, technology and finance. Putin’s only path to victory is to impose a high enough short-term cost on Western consumers that political support for Ukraine will crumble.