In Moscow's Shadows 203: Can Putin Afford To End The War?

A pervasive argument is that for reasons personal, political or economic, Putin simply cannot afford to end his war: that he needs the excuse for tyranny, or that his economy would stagnate. I dig into these and other claims, and - spoiler alert - conclude that Putin could certainly afford to end the war... but that there are enough challenges to peace that he may not dare to.

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