The Future History of Russia's WarThis episode has the following forecast timeline:

1. Russia gets the upper hand in a war of attrition in Ukraine. 

2. The cost is a weakening of Russia globally.  

3. The Russian upper hand in this war of attrition then forces the arming of Ukraine to win the war, which

4  results in Ukraine retaking Crimea and severing of Russian supply lines.  

5. Then comes the Russian response and escalation.  

Then comes analysis of what Russian escalation follows. 

Escalation falls into two categories: vertical in direct pursuit of war and lateral stemming from Putin seeking to stir up trouble in other theatres either intentionally or as a result of Russia's declining power 

We cover:  China's ability to fill the Russian power vacuum in the Caucuses and Central Asia; the Azerbaijan - Armenia conflict;  Iran and the Middle East etc

we conclude on the impact on economies and markets