Russia is in strategic trouble. Vladimir Putin’s war of choice in Ukraine has weakened Russia’s global posture and eroded the carefully honed image of great-power prowess Putin cultivated for two decades. But Russia’s loss of relative power is not necessarily America’s gain. Modern geopolitics has returned to the framework of past multipolar, great-power competitions, the last of which was contested prior to World War II. American policymakers must help manage Moscow’s strategic malpractice in a manner that does not harm Washington’s prospects for success in the long-term Sino-American rivalry.
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