As the article said in this conflict the military, technological and financial elements are intertwined. It is not clear that Russia is losing on either front currently. They are not winning either, at best it's a stalemate. What is clear however is that tens of millions of people in Europe are facing energy bills they can't afford and brownouts. This winter will be nothing sort of a humanitarian catastrophe. A recession is also likely, but the concept of recession, the macro numbers themselves won't paint an accurate picture because of inequality. What will likely happen is that millions of people will find themselves outside of the economy, without significantly affecting the macro numbers, so the situation is going to be worst in reality than on paper, but those who aren't affected simply won't care.<p>This is a sad and needless war Russia is forcing on us, but the truth is that they are already at the bottom and don't stand to lose as much as we do.<p>The bright side is that Europe can come out of this stronger, but only with adequate policies that don't leave people behind.