

Prudence dictates that Russia should not invade Ukraine. However, if Putin decides differently, the Ukraine crisis will immediately become a Russia crisis, and then a European one.

Going to war in 1914 was suicidal for the Russian state. Today, a Russian military invasion of Ukraine might well lead to a catastrophe with dire consequences for Russia itself, or to an all-out conflict between Russia and NATO.

China will study U.S. strategy toward Russia and draw its own conclusions. Its interests are in keeping Russia as its stable strategic hinterland and a natural-resource base.

The Ukraine crisis has ended the period in Russian-Western relations that began with the fall of the Berlin Wall in 1989 and has opened a new period of heightened rivalry, even confrontation, between former Cold War adversaries.

Russia is learning to live in a new harsh environment of U.S.-led economic sanctions and political confrontation with the United States.

The Kremlin now sees the U.S. goal as the toppling of the Putin regime. That said, expecting Putin to back off betrays a lack of understanding of the gravity of the situation. It is no longer just a struggle for Ukraine, but a battle for Russia.

The MH17 crisis within the larger Ukraine crisis is likely to lead to the politicization of the conflict.

If the investigators’ verdict on the Malaysia Airlines plane crash does eventually fall against Russia, Vladimir Putin will survive politically, but will have to work hard to restore faith in him, and his good fortune.

MH17 may well be a turning point in the Ukraine conflict, but President Putin remains unlikely to back down despite economic pressure from the West. Russians may look back to the summer of 2014 years from now as a game changer.

An independent inquiry into the Malaysia Airlines plane crash over eastern Ukraine and an immediate ceasefire by all sides could be the first step in a process to reverse the trend toward mutual destruction within Ukraine and beyond.