> Here I am, a Russian oligarch. I ordered the Ukrainian invasion because I bet that NATO wouldn't intervene because of my nukes
I think the mistake here is to assume that the invasion is dictated by economic interests (be they oligarch interests). I don't think what's happening is driven by oligarchs, but by other geopolitical ideas (insane as they are).
As far as I can see it there's no bet. Russia pretty much knows the US will not react, and the US has no interest to start WW3 over Ukraine.
I dont understand how someone in the western world could read history and still believe that doing exactly what they did at the start of WW2 will bring a different result.
Germany invaded Austria and Czechoslovakia just before WW2, and the allies didn't do much. Only when Germany invaded Poland did they declare war on Germany.
> Russia is a waning power clinging to significance, not an ascending one.
I don't believe this, unless you define "significance" as nothing more than having your name in the world newspapers, even if it's for the wrong reasons.
Look at where they sit strategically. The amount of resources they supply to an increasingly resource hungry world. The amount of math and science talent. The possession of advanced nuclear weaponry.
Look at what they are doing militarily right now and how effectively they are doing it.
They are an extremely significant country. This is true no matter how you feel about their government.
Italy's GDP is $1.87T.
Russia's GDP is $1.48T, down from around $2.3T in 2013.
Russia's economy is dependent on fossil fuels. While the decrease in Europe's use of nuclear power has been a gift to Russia, the future for fossil fuels is not bright and Russia's kleptocratic government has starved the nation of economic innovation.
I don't know what "extremely significant country" means here, but Russia is objectively a country in decline both in terms of economic and cultural power.
In terms of real GDP (PPP), Russia is at $4.3T while Italy is at $2.6T. Russia has the 6th largest GDP by this metric. However, I'm not sure how to think about real GDP vs. nominal GDP when it comes to war.
Hitler in 1939 had economic/industrial parity with at least one, if not two of his primary combatants (France and UK). He then had good reason to believe that other countries either would not engage (USA) or were highly overrated (USSR). He also had allies of significant weight. (1)
Russia in 2022 has a GDP of $1.5T, and NATO has a combined GDP of $42T (2). Even if you make the case that Russia's current economic activity translates more effectively into wartime industry, I don't believe you can possibly make the case that it is 28x more effective.
Germany also had military technology and strategy advantages (see France in 1940) over its (early war) opponents. As good as Russia's "math and science talent" is, I would be shocked if it was even a quarter of the capability that the US alone has.
So no, Putin in 2022 is not comparable to Hitler in 1939.
The problem is that it won't likely be a direct invasion. Estonia has a significant Russian minority and we've seen this play book before:
Does NATO intervene when Russia starts (or really continues) courting pro-Russian politicians?
Does it intervene if that minority starts protesting?
Does it when that minority starts resisting?
Does it when Russia smuggles them arms?
Does it when little green men show up?
Does it when the rebels (now mostly little green men) advance West?
This go around the West tried sanctions and it obviously didn't work. Estonia is far more Western and fewer historic ties to Russia than Ukraine did. So it might not progress past step 1 in the playbook. Almost certain that Putin is going to try and likely will try for at least a couple decades to come.
They absolutely will, I have zero doubt. Because otherwise NATO would be completely pointless and this would strengthen Putin even more, making him an even bigger treat for western countries.
I think it's in NATO's interest to believe in this steadfastly, but my imagination says that there are other scenarios. It's a gamble, but the best way to damage NATO is to make an ambiguous or small attack that makes it not invoke article 5 or to not respond properly.
My imagination says: as soon as new facts are established (let's say blitz invation of a city), you are tempted to not respond because you don't want to start a world war. Of course this fails the overarching theory (MAD, tit for tat etc), but I wouldn't think it's impossible. Maybe for example USA would say it wants to respond with sanctions to avoid a larger war.
* Use natural resource control to pressure countries
* Use military as a last resort when influence fails
Basically, make energy deals with Germany, ignore the US and UK and install puppet governments in Eastern Europe through bribery and propaganda until they can be annexed or granted “special status”.
> My imagination says: as soon as new facts are established (let's say blitz invation of a city), you are tempted to not respond because you don't want to start a world war.
But how can you establish facts, when you have to kill hundreds or thousands of US soldiers in NATO country first? Do you think that the US will say "shit happens" lets do some financial sanctions? Biden already said that as soon as russians shoot US troops we have WW3. And I think no other conclusion could be drawn here.
The US has troops in the eastern NATO states (Estonia, Latvia, Lithuania ...), more than ever and likely more to come. Biden made it very clear, if russians open fire on US troops (NATO), we have WW3.
I think the mistake here is to assume that the invasion is dictated by economic interests (be they oligarch interests). I don't think what's happening is driven by oligarchs, but by other geopolitical ideas (insane as they are).
As far as I can see it there's no bet. Russia pretty much knows the US will not react, and the US has no interest to start WW3 over Ukraine.