Obama's strategy of letting Putin hang himself is working - Vox
Putin has over-reached in Ukraine, creating problems for himself so bad that they may force him down as or more effectively than plausible American actions alone might have (although they helped). Putin is hanging himself by his own rope.
This has been so effective, and has apparently taken Putin by such surprise, that after weeks of looking like he could roll into eastern Ukraine unchallenged, he's backing down all on his own. Official Russian rhetoric, after weeks of not-so-subtle threats of invading eastern Ukraine, is backing down. Putin suddenly looks like he will support Ukraine's upcoming presidential election, rather than oppose it, although it will likely install a pro-European president. European and American negotiators say the tone in meetings has eased from slinging accusations to working toward a peaceful resolution.
Most of this is economic. Russia's self-imposed economic problems started pretty quickly after its annexation of Crimea in March and have kept up. Whether or not American or European governments sanction Russia's broader economy, the global investment community has a mind of its own, and they seem to have decided that Russia's behavior has made it a risky place to put money. So risky that they're pulling more money out.
Putin has over-reached in Ukraine, creating problems for himself so bad that they may force him down as or more effectively than plausible American actions alone might have (although they helped). Putin is hanging himself by his own rope.
This has been so effective, and has apparently taken Putin by such surprise, that after weeks of looking like he could roll into eastern Ukraine unchallenged, he's backing down all on his own. Official Russian rhetoric, after weeks of not-so-subtle threats of invading eastern Ukraine, is backing down. Putin suddenly looks like he will support Ukraine's upcoming presidential election, rather than oppose it, although it will likely install a pro-European president. European and American negotiators say the tone in meetings has eased from slinging accusations to working toward a peaceful resolution.
Most of this is economic. Russia's self-imposed economic problems started pretty quickly after its annexation of Crimea in March and have kept up. Whether or not American or European governments sanction Russia's broader economy, the global investment community has a mind of its own, and they seem to have decided that Russia's behavior has made it a risky place to put money. So risky that they're pulling more money out.
