@kravietz also: what would surrender look like? How could it be achieved?
A full surrender seems unlikely. And even if it would occur, with e.g. occupation, it would not be the end of Putin's woes. Occupation is costly. And would be a strain on russia. Like a half-truce. Mobilzed will return home. War economy will need to shift.
I see only outcomes where russia becomes less stable. The point is that there are outcomes where they will drag the rest of the he World with them...