I see a lot of commentary on the war in Ukraine that is fundamentally misguided. As usual, I do not have a forecast answer to the question in the title of this article, rather I want to discuss how to think about it.
I am not a military analyst, but I am not writing anything that is particularly deep. I am just explaining the basics of post-World War I military doctrine that are not understood in pop culture. Readers only interested in economic commentary probably want to skip this.