Here’s hoping they feel the war in Moscow and St Petersburg this year. A bit of rationing wouldn’t hurt them.

More than the war, they’ll feel the peace. More than 100% of the economic growth of the last few years has gone into war production, meaning the civilian economy has shrunk. When the weapons factories are scaled back the economy is going to hurt something fierce. Even Muscovites will notice.

This is why Putin can’t stop fighting. When the fighting stops Russia will face a reckoning. Better to postpone that day hoping that Europe runs out of steam.