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4/2/22

Ukraine - Russian Invasion: Biden, Putin and the danger of Versailles

Shortly after the 1918 armistice that ended the first world war, David Lloyd George, Britain’s prime minister, was thumpingly re-elected on the slogan “Hang the Kaiser”. Germany’s exiled Kaiser Wilhelm got off lightly. But the spirit of revenge that followed the “war to end all wars” held firm. The allies’ ensuing Treaty of Versailles sowed a peace that would poison all peace.

It may seem early to speculate about a Ukrainian deal with Vladimir Putin’s Russia, though talks have been taking place and draft peace proposals exchanged. Putin has a history of saying one thing and doing the opposite, which could prove lethally deceptive in Ukraine. Few believe Putin is ever likely to drop his ultimate ambition of swallowing Ukraine. Any deal, let alone a ceasefire, should thus be treated as a tactical pause.

Yet at some point, the west will have to talk to the enemy it has rather than the one it would like. That will mean doing some kind of a deal with Putin. The alternative — aiming for Russia’s unconditional surrender and the ejection of Putin — is a bet western leaders cannot afford to indulge. Given Putin’s barbarity, this may prove too much for western publics to digest, let alone the abused people of Ukraine.

Yet the lessons of Versailles are there. The mood in Washington and other western capitals is understandably punitive. In addition to the wanton slaughter of civilians, Russian artillery is levelling huge tracts of Ukraine. The cost may already be in the hundreds of billions of dollars. US president Joe Biden’s temptation will be to seize Russian central bank dollar assets in reparation for Ukraine’s damage. Biden would also find it politically very hard to lift sanctions while Putin remains in power. In 1919, the allied powers imposed crippling reparations on a defeated Germany, even though its war leaders had been ousted. It would be harder for today’s allies to resist imposing a Carthaginian peace on a Russia that is still run by Putin.

Biden’s challenge will thus be even trickier than what faced his predecessor, Woodrow Wilson. Unlike Germany in 1919, Russia has nuclear weapons and cannot be forced to surrender. The best definition of Russian defeat would be its withdrawal from the slices of Ukraine it has occupied. Even that would be a tall order. Ejecting Russia in whole would be hard for Ukraine to do alone. Yet direct western involvement is unthinkable. That means Ukraine could be forced to suffer months or even years of bloody stalemate.

Read more at Biden, Putin and the danger of Versailles | Financial Times

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