“If Putin is only asking for the donbas and no-Nato garauntees, then I think he actually wants this over”
Seems like it. I guessed that he wanted the Ukraine government totally replaced, and nothing less would work. Of course, my guess is only as good as anyone in the Biden admin... meaning not worth much.
Putin also wants a puppet Prime minister installed and Zelenksky would then become honorary president.
Putin is in panic because Russia defaults on its sovereign debt on March 16.