China wins too, because they will be funding Russia and getting Russia in debt. It's a stupid war because Putin is essentially giving up trading relations with Europe for the sake of some land in Ukraine, assuming he even wins.
View attachment 23818
So roughly EUR16-18bn per month, or EUR200bn per year, which is equivalent to about 15% of Russian GDP, with associated knock-on effects inside Russia amounting to $600-900bn . You can see the dip after 2014:
The Gross Domestic Product (GDP) in Russia was worth 2021.42 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Russia represents 1.92 percent of the world economy. This page provides the latest reported value for - Russia GDP - plus previous releases...
tradingeconomics.com
View attachment 23819
The GDP of Ukraine in 2013 was $183bn, less now.
So explain to me how the seized territory will ever be worth it to Russia?
The Gross Domestic Product (GDP) in Ukraine was worth 178.76 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Ukraine represents 0.17 percent of the world economy. This page provides the latest reported value for - Ukraine GDP - plus previous releases...
tradingeconomics.com
View attachment 23820
You are right on negotiation, there is absolutely no point, the Ukrainian military are the only ones who can 'negotiate' with Russia.
The idea of asking people to cede land in exchange for peace is just war wearing a costume.