My ass is real chapped over this war. I am sorry, this is going to be a long post.
It shouldn't have happened in the first place.
The US and friends shouldn't have pushed for Ukrainian entry into NATO and the EU. The Ukrainians should have implemented the jointly agreed upon Minsk II declarations, thereby actually re-recognized the Russian language and giving the Russian speaking majority oblasts some limited autonomy. Hell, just a couple months before the invasion kicked off, Ukraine was semi-seriously talking about taking back the Donbas militarily.
Putin has understandable casus belli, if you first understand that he is an old-school "balance of power" acolyte. That line of thinking is not outdated or outmoded. China and Xi Jinping are steeped in it as well. The United States, for all its faults, *used* to understand global geopolitics this way as well.
However, the American understanding changed after the end of the Cold War, if not slightly before. Typified by this change in American foreign policy attitude is the very influential book/articles put out by Francis Fukuyama called the "End of History". An idealistic work to be sure. It was said that every nation would become liberal democracies. Every new liberal democracy would help either directly or indirectly in creating new liberal democracies. Of course all of these new liberal democracies would inherently support America, at least theoretically. And underpinning all this is the absurd notion that liberal democracies won't go to war with each other.
Both American political parties effectively agreed with this. Bush II had "Nation Building" and the "Bush Doctrine", Obama toppled Qaddafi and supported the Arab Spring movements all across the Middle East. The Idea was, completely unironically, that we were going to bring peace to the Middle East, by transforming all these states into liberal democracies.
Russia and China fundamentally see these liberal democracy movements as a threat to their regimes. Because under this "End of History" idea that has been driving foreign policy for decades, it absolutely is. Combine this with the west's refusal to encourage a neutral Ukraine, to the point of actively encouraging it to join fully with the west... well Putins motives are in fact comprehensible.
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Ok, so we are here now, the war is happening.
Putin is more popular than ever at home. The sanctions are ravaging the Russian economy, yet it has cause the vast majority of Russians to rally around Putin in response. Western influence and money is being seen as even more poisonous than before as well. This all will likely permanently kill any chance of reconciliation for a lifetime or more. And Russia has been driven straight into the arms of the Chinese.
But hey, we can take advantage of this situation so long as we increase raw resource production to supplant the Russian/Ukrainian produced resources right?
So of course our glorious leaders have decided that nebulous "climate change" prevents means that we should actually try to further clamp down on mining and manufacturing.
Ignorance or Treason? Who can tell?
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TL ; DR This war could/should have been avoided. And now that there is war, we won't take economic advantage of it because our elites hate us.