If Putin isn’t crazy, he will be looking for a way out of this disaster as quickly as possible (delay just means more damage for him as well as Ukraine). He can’t magically make a war winnable, just because he wants to.
The thing that must be concentrating his mind now is Kyiv. He has two choices. The first is to try and level one of the most important cities in history, with huge emotional importance to Russians as well as Ukrainians.
While at the same time basically wrecking his army by sending it into a large city of millions of people. And guaranteeing permanent sanctions for the rest of his life. OR, cutting some kind of deal. The second has to be more rational.
Of course the details of the deal are tricky.
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