“So it (Russia) cannot afford to win the war, nor can it afford to lose it. Its economy is now entirely geared towards continuing a long and ever deadlier conflict.”
That is true in the near term to some extent (War spending is propping up the economy) - but the longer this situation goes on, the greater the fundamental damage that will be done to Russia’s finances and economy. The sooner they take their medicine and end the war, the less traumatic it will be.
https://x.com/igorsushko/status/1808551726041235960