Whether or not Vladimir Putin moves his troops into Ukraine, he has once again confronted Europe with a most painful reality: while being too weak to defend itself, it can no longer rely on the United States to come to its rescue.
We are facing a reality in which Russia, despite its economy only having the size of Italy’s, can bully and intimidate a continent thanks to its energy reserves and its readiness to project vast military power.
Sure, any Russian invasion of Ukraine would cost Russia a fortune and likely degrade into a grinding war of attrition. Invasion is unlikely to be president Putin’s preferred option. Yet, this game of brinkmanship has another part of the equation. If Russia invades Ukraine, the costs for Europe will be equally devastating.
