Conviction 4 — Putin Prepares
Putin has lost 1.5 million soldiers, dead and wounded, with monthly losses now outpacing recruitment by nearly 2 to 1. Quantum Strategy's David Roche reads the math as unsustainable, and argues it's pushing toward a calibrated escalation designed to test NATO Article 5 without triggering it. Last in our Convictions series, full flash note attached.
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