A week ago I would have said yes, absolutely, this would be over in 10 days. I would have given 15:1 odds on Russia winning. Clearly I was spectacularly wrong about that (for which I’m happy). Russian forces have proven to be a lot less capable and motivated than I thought. Their strategy has proven disastrous… their SEAD/DEAD was inefficient, they failed to mass their forces decisively at any point, they seem to be failing to protect their logistical tail, they failed to gain air supremacy. They seem to have bet everything on a political objective of decapitation, at the expense of a coherent military objective, and it’s all topped off with a particularly harmful case of war optimism.
On the opposing side, Ukrainian anti-air and anti-armor has been surprisingly effective and surprisingly durable. Guerilla/urban partisans seem to be mobilized, equipped, and motivated, but I’m not believing anything I see about their effectiveness right now. At this moment this mainly seems to be effective as propaganda (perhaps true, perhaps they will fight effectively, but at this stage they’re still mainly an informational/morale-busting weapon).
It’s hard to make calls right now especially with so much false information, but the rough contours seem to be an attempted Russian blitzkrieg, stalled out by effective Ukranian resistance. That’s a hard hole to dig out of, but Russia still has half their forces in reserve. But the more they deploy reserves, they more they risk overextending and not being able to defend their own forces against counterattack.
Personally, just spitballing, I would say Russia’s chances of winning are still around 3:1 in favor, but falling. So now we have the uncomfortable question: what if Ukraine actually wins? What if they end pounding a third of the Russian army into a thin layer of dogshit? And Putin, the man with the nuclear launch codes, is a wounded tiger facing harsh accountability for an epic screwup that seems extremely unpopular in Russia?
I never run out of things to worry about, but that last bit is what has me twitchy lately, more so than spillover to neighboring NATO countries. Putin, humiliated and defeated, with his back to the wall but still quite dangerous to the world.