Group items tagged

from a low level and mostly in the capital, where those with spare cash could enjoy new coffee shops, foreign restaurants and well-stocked supermarkets.

things visibly improved

the boundaries of that “better life” have been gradually curtailed in the more recent years of Mr Kim’s reign.

accompanied by heightened repression inside the country, more control at the borders and the acceleration of the nuclear programme

Aid organisations have not had access for nearly two years, making it especially hard to discern what is going on in the country.

increased penalties for smuggling and for watching foreign entertainment, such as South Korean dramas.

Mr Kim continues to rebuff offers of aid and even covid vaccines. Attempts by South Korea and America to revive a spirit of detente, for instance by negotiating a formal end to the Korean war, have gone unanswered.

Howe and his co-author William Strauss wrote two extremely impactful books – Generations (published in 1991) and The Fourth Turning (published in 1997).

Strauss and Howe theory considers the 4-stage cycle that repeats every 80-100 years (approximately the length of a human life, also referred to as a saeculum).

Their books suggest four turnings of history: 1. A High 2. An Awakening 3. An Unravelling 4. (Culminating in) A Crisis

What can be helpful to remember in these times is that no storm lasts forever, and this too shall pass

Additionally, one can consider four generational archetypes (a fancy word for patterns) of people born in the same era and coming of age shaped by the same historical events

The four archetypes Strauss and Howe use to describe generational cohorts are: Prophets, Nomads, Heroes, and Artists

So, for example, Millennials fall into the Hero archetype, while Gen Xers are Nomads, and Baby Boomers are Prophets. The generation born in or after 2005 are Artists.

As each archetypal generation reaches the end of its 80-year lifespan, the cycle repeats.

That small dip may reflect preoccupation with economic doldrums unleashed by covid-19

While that 50 percent could be higher, the issue has seen a 21-point shift, and the polling question asks if respondents want action on climate “even at the expense of economic growth.”

while 54 percent of young voters believed in 2010 that abortion should be legal in most or all cases, that’s up to 69 percent this year.

Demographer William Frey and his colleagues calculate that by the 2036 presidential race, Gen Z will represent 35 percent of eligible voters. “They’re growing up in a 21st century America that’s far more diverse, inclusive and globally connected than the 1950s and 1960s America of the GOP base,” Frey told me. “They’re going to shun the Republican Party as they get older.”

There are major caveats. President Biden’s approval among young people remains stubbornly low

There’s some evidence that the young voters who elected Barack Obama have become somewhat more conservative as they’ve aged, which could happen again

— what exactly was the meme?

Cryptocurrency is little more than a decade old, and yet it has passed through several reputational phases: first, as the lawless province of black marketeers and hard-core libertarians obsessed with escaping government oversight; then as a speculative market in which many of those people made an astonishing and enviable amount of money; then as an investment sector for adventurous normies who might previously have turned to simple day-trading; then as an “asset class” eyed by big-money investors and establishment banks

it was very tempting to believe, and nobody was trying to look all that closely, it turns out — not the editors who put him on the covers of Forbes and Fortune; not the traders who trusted him with billions in daily trading volume; not the recipients of his philanthropic pledges, many of which will now go unfulfilled; and most conspicuously, not the investors who handed him millions without seeming to even bother checking the books.

To investors and legislators, he looked like the potential face of a new era for crypto, poised to legitimize through transparency and regulation what had always been an enormously shady, if often quite lucrative, sector.

To progressives, he looked like our kind of oligarch, a sort of boy wonder who seemed capable of conjuring up world-changing billions guiltlessly, effectively out of thin air.

And he had promised to give that magic internet money away just as quickly

It was part of his DGAF brand, like the unkempt hair and cargo shorts he wore onstage alongside Bill Clinton and Tony Blair

As recently as July 2021, FTX raised $900 million from, among others, Sequoia Capital, Daniel Loeb’s Third Point and SoftBank Vision Fund, which had previously written down billions of dollars in investments in Uber and WeWork. In January, a Series C round raised an additional $400 million.

In a now-legendary profile published on the Sequoia website just weeks before the collapse, almost every paragraph contained what should have been a red flag but was presented instead as a mark of Bankman-Fried’s special genius — and Sequoia’s, for endorsing it

The death of FTX has been called crypto’s “Lehman moment,” but it was not the first such collapse — it follows the implosions of Celsius, Three Arrows Capital, Terra and Luna, among many others. But it’s fitting that Bankman-Fried will now always be remembered as this crypto crash’s central figure, because he postured as someone who could rewrite not just the rules of the financial system but its morality as well.

Now the comparisons are less flattering: to Bernie Madoff, of course, and to Elizabeth Holmes of Theranos, even though Bankman-Fried has not been charged with any crimes; also to Adam Neumann of WeWork, Travis Kalanick of Uber and the other iconic start-up hucksters of this strange venture-capital era.

those founders were, for all their delusions and sociopathy, pitch-deck visionaries — persuasive proselytizers for not just new products but whole new worlds that could be simply invested into being.

In his self-presentation, Bankman-Fried seemed to be pitching something else: an outward indifference approaching disdain. His serious-seeming commitment to effective altruism underlined the impression: If he was earning his billions only to donate them, he represented a very different case study in the morality or moral potential of unregulated markets

he flatly described the crypto markets as pointless speculation bordering on fraud — one of the interviewers paraphrased Bankman-Fried’s summary as “I’m in the Ponzi business, and it’s pretty good” — it wasn’t a misstep

What stage of capitalism is this?

in the world of big money he was a genuinely new archetype: a smugly superior Gen X slacker and an entitled, world-changing millennial at once

it has also been the source of a lot of reflection and debate, about whether it had been at all reasonable to treat what made him distinct as a basis for lionization.

He said in the Sequoia profile, for instance, that no book was ever really worth reading, and he told the economist Tyler Cowen in a podcast interview that faced with a coin-flip game in which half the time he’d double the value of the world and half the time he’d destroy it, he’d choose to play again and again

he revealed himself to be wasn’t a singular bad actor but a representative one. Blockchain technology may well offer meaningful uses for the wider world in the future, but as of now, it is most significant as the basis for a realm of pure and unregulated speculation.

The volatility was not some deep secret only now revealed. It’s an almost inescapable aspect of a financial subculture erected outside the oversight and control of the law on the principle that they weren’t necessary

The world’s second-largest crypto exchange has gone belly-up, but the crypto market as a whole is down by only about 20 percent. For many speculators, it seems, collapses like these were already priced in.

In a few short years, effective altruism has become the giving philosophy for many Silicon Valley programmers, hedge funders and even tech billionaires. That includes not just Mr. Bankman-Fried but also the Facebook and Asana co-founder Dustin Moskovitz and his wife, Cari Tuna, who are devoting much of their fortune to the cause.

“If I can help encourage people who do have enormous resources to not buy yachts and instead put that money toward pandemic preparedness and A.I. safety and bed nets and animal welfare that’s just like a really good thing to do,” Mr. MacAskill said.

Mr. Musk has not officially joined the movement but he and Mr. MacAskill have known each other since 2015, when they met at an effective altruism conference. Mr. Musk has also said on Twitter that Mr. MacAskill’s giving philosophy is similar to his own.

Mr. MacAskill was one of the founders of the group Giving What We Can, started at Oxford in 2009. Members promised to give away at least 10 percent of what they earned to the most cost-effective charities possible.

If the movement has an ur-text, it is the Australian philosopher Peter Singer’s article, “Famine, Affluence and Morality,” published in 1972. The essay, which argued that there was no difference morally between the obligation to help a person dying on the street in front of your house and the obligation to help people who were dying elsewhere in the world, emerged as a kind of “sleeper hit” for young people in the past two decades,

Traditionally, effective altruism was focused on finding the lowest-cost interventions that did the most good. The classic example is insecticide-treated bed nets to prevent mosquitoes from giving people malaria.

Mr. MacAskill argues that people living today have a responsibility not just to people halfway around the world but also those in future generations.

The rise of this kind of thinking, known as longtermism, has meant the Effective Altruists are increasingly associated with causes that have the ring of science fiction to them — like preventing artificial intelligence from running amok or sending people to distant planets to increase our chances of survival as a species

The two men first met in 2012, when Mr. Bankman-Fried was a student at M.I.T. with an interest in utilitarian philosophy.

Over lunch, Mr. Bankman-Fried said that he was interested in working on issues related to animal welfare. Mr. MacAskill suggested that he might do more good by entering a high-earning field and donating money to the cause than by working for it directly.

Mr. Bankman-Fried contacted the Humane League and other charities, asking if they would prefer his time or donations based on his expected earnings if he went to work in tech or finance. They opted for the money, and he embarked on a remunerative career, eventually founding the cryptocurrency exchange FTX in 2019.

Bloomberg recently estimated that Mr. Bankman-Fried was worth $10.5 billion, even after the recent crash in crypto prices. That puts Mr. Bankman-Fried in the unusual position of having earned his enormous fortune on behalf of the effective altruism cause, rather than making the money and then searching for a sense of purpose in donating it.

Mr. Bankman-Fried said he expected to give away the bulk of his fortune in the next 10 to 20 years.

Mr. Moskovitz and Ms. Tuna’s net worth is estimated at $12.7 billion. They founded their own group, Good Ventures, in 2011. The group said it had given $1.96 billion in donations

Those two enormous fortunes, along with giving by scores of highly paid engineers at tech companies, mean the community is exceptionally well funded.

Mr. MacAskill said that he got to know Mr. Musk better through Igor Kurganov, a professional poker player and effective altruist, who briefly advised Mr. Musk on philanthropy.

In August, Mr. Musk retweeted Mr. MacAskill’s book announcement to his 108 million followers with the observation: “Worth reading. This is a close match for my philosophy.” Yet instead of wholeheartedly embracing that endorsement as many would, Mr. MacAskill posted a typically earnest and detailed thread in response about some of the places he agreed — and many areas where he disagreed — with Mr. Musk. (They did not see eye to eye on near-term space settlement, for one.)

Mr. MacAskill accepts responsibility for what he calls misconceptions about the community. “I take a significant amount of blame,” he said, “for being a philosopher who was unprepared for this amount of media attention.”

But I was constantly confronted by the contradictions embedded in American leadership, the knowledge that our government arms autocrats while its rhetoric appeals to the dissidents trying to overthrow them or that our nation enforces rules — for the conduct of war, the resolution of disputes and the flow of commerce — while insisting that America be excused from following them when they become inconvenient.

He helped extend the war in Vietnam and expand it to Cambodia and Laos, where the United States rained down more bombs than it dropped on Germany and Japan in World War II. That bombing — often indiscriminately massacring civilians — did nothing to improve the terms on which the Vietnam War ended; if anything, it just indicated the lengths to which the United States would go to express its displeasure at losing.

For decades, he was a coveted guest at gatherings of statesmen and tycoons, perhaps because he could always provide an intellectual framework for why some people are powerful and justified in wielding power

Mr. Kissinger was fixated on credibility, the idea that America must impose a price on those who ignore our demands to shape the decisions of others in the future. It’s hard to see how the bombing of Laos, the coup in Chile or the killings in East Pakistan (now Bangladesh) contributed to the outcome of the Cold War.

But Mr. Kissinger’s unsentimental view of global affairs allowed him to achieve consequential breakthroughs with autocratic countries closer to America’s weight class — a détente with the Soviet Union that reduced the escalatory momentum of the arms race and an opening to China that deepened the Sino-Soviet split, integrated the People’s Republic of China into the global order and prefaced Chinese reforms that lifted hundreds of millions of people out of poverty.

From a strategic standpoint, Mr. Kissinger surely knew, being a superpower carried with it a cavernous margin of error that can be forgiven by history

Now history has come full circle. Around the world, we see a resurgence of autocracy and ethnonationalism, most acutely in Russia’s war against Ukraine

Just a few decades after the end of the Vietnam War, the same countries we’d bombed were seeking expanded trade with the United States. Bangladesh and East Timor are now independent nations that receive American assistance. Chile is governed by a millennial socialist whose minister of defense is Mr. Allende’s granddaughter.

Superpowers do what they must. The wheel of history turns. When and where you live determines whether you get crushed or lifted by it

But that worldview mistakes cynicism — or realism — for wisdom. The story, what it’s all about, matters. Ultimately, the Berlin Wall came down not because of chess moves made on the board of a great game but rather because people in the East wanted to live like the people in the West.

Economics, popular culture and social movements mattered. Despite all our flaws, we had a better system and story.

Credibility, after all, is not just about whether you punish an adversary to send a message to another; it’s also about whether you are what you say you are. No one can expect perfection in the affairs of state any more than in relations among human beings.

But the United States has paid a price for its hypocrisy, though it’s harder to measure than the outcome of a war or negotiation. Over the decades, our story about democracy has come to ring hollow to a growing number of people who can point to the places where our actions drained our words of meaning and “democracy” just sounded like an extension of American interests.

Similarly, our insistence on a rules-based international order has been ignored by strongmen who point to America’s sins to justify their own.

The generous defense is that Mr. Kissinger represented an ethos that saw the ends (the defeat of the Soviet Union and revolutionary Communism) as justifying the means. But for huge swaths of the world, this mind-set carried a brutal message that America has often conveyed to its own marginalized populations: We care about democracy for us, not for them.

In Gaza the United States has supported an Israeli military operation that has killed civilians at a pace that has once again suggested to much of the world that we are selective in our embrace of international laws and norms.

Meanwhile, at home, we see how democracy has become subordinate to the pursuit of power within a chunk of the Republican Party.

This is where cynicism can lead. Because when there is no higher aspiration, no story to give meaning to our actions, politics and geopolitics become merely a zero-sum game. In that kind of world, might makes right.

his is also a cautionary tale. As imperfect as we are, the United States needs our story to survive. It’s what holds together a multiracial democracy at home and differentiates us from Russia and China abroad.

That story insists that a child in Laos is equal in dignity and worth to our children and that the people of Chile have the same right of self-determination as we do. For the United States, that must be a part of national security. We forget that at our peril.

Now, after the Peronista government of Alberto Fernández and Cristina Fernández de Kirchner has failed to halt the country’s economic decline, a new force among Argentina’s Generation Z is rising.

This time, it’s young men who are at the forefront. Milei is speaking for them.

An admirer of Donald Trump and former Brazilian president Jair Bolsonaro, Milei is campaigning on an Argentine version of “Drain the Swamp.” His aggressive style, outlandish comments and unusual presentation — he claims he hasn’t brushed that hair in years — have drawn millions of viewers to his videos and disrupted traditional politics

He has branded Pope Francis — the Argentine former Archbishop of Buenos Aires Jorge Bergoglio, the first South American pontiff — an “evil” leftist. Climate change, he says, is a “socialist lie.” He would hold a referendum to undo the three-year-old law that legalized abortion. He has called for creating a market for the sale of organs.

But he has also offered frustrated Argentines a break from the status quo: He has proposed shutting down the central bank, dollarizing the economy and taking a “chain saw” to government spending.

His attacks on the peso are already shocking the Argentine economy; the currency has taken a nose dive in the widely traded black market in recent weeks. The inflation rate has skyrocketed.

If Milei wins, it will likely be on the strength of the country’s young. Voters aged 18 to 29 account for a quarter of the electorate, and polls show they’re overwhelmingly inclined to vote for the iconoclast. That’s especially true for young men.

Coronel grew up watching the North American right-wing provocateurs Jordan Peterson, Ben Shapiro and Milo Yiannopoulos on a YouTube channel that translated their words into Spanish. “They were a fundamental part of my ideological awakening,” he said. But his greatest inspiration was Trump.

“We stopped listening to the intellectuals to listen to the politicians,” Coronel said.

“While everyone was focused on feminist demands and gay rights, there was a generation slowly starting to pay attention to Javier Milei.”

He decided to become an economist in 1989 during the early days of hyperinflation in Argentina. He worked as a risk analyst for Corporacion America, owned by one of Argentina’s billionaires, before leaping into television as a regular guest on shows.

Milei’s unconventional ideas and brash style — rants peppered with personal insults — was a TV hit. As the peso plunged and inflation skyrocketed, his economic theories began to find an audience.

He was elected to Congress in 2021 on pledges to tear the political elite down. He gained national prominence by raffling off his congressional salary each month.

Milei describes himself as a liberal-libertarian or a miniarchist. He supports limiting government to just a few functions — ideally, only security and justice — a night-watchman state.

He promises to slash the number of federal ministries from 18 to eight. He applies his free-market ideas to just about everything — he proposes loosening gun restrictions to “maximize the cost of robbery” — and letting the invisible hand of the market do the rest.

“Sometimes I have to pinch myself to ask whether I am living a dream or it’s a reality,” he told The Washington Post. “Because what Javier Milei proposes in politics hasn’t been heard in Argentina for 80 years.”

Milei’s originality is perhaps exactly why Gen Z is so transfixed by him. It’s a generation craving authenticity, Argentine political analyst Ana Iparraguirre said. “They see this guy telling it like it is,” she said. “I might not like that he’ll be selling guns in the streets, but at least this guy is not faking it.”

Most of his 1.4 million TikTok followers are younger than 24, according to his social media team. Iñaki Gutierrez, a 22-year old unpaid volunteer who manages his TikTok, said Milei managed to win the primaries in remote provinces “we didn’t even set foot in.” “TikTok was the answer,” Gutierrez said.

The fastest-growing social media site in Latin America has helped elect a wave of millennial presidents in the region, including Nayib Bukele in El Salvador and, last week, Daniel Noboa in Ecuador.

Milei’s TikTok posts offer Gen Z voters an outlet for rebellion against a system that they say is doing very little for them.

According to one recent survey, more than 65 percent of young voters say they would leave Argentina if they could.

“They feel they have no future,” Iparraguirre said. “If you’ve got nothing to lose you may as well try something different.”

Fragoso’s girlfriend, Victoria Alegre, 23, walking with him in a mall in Buenos Aires this week, said she thinks Milei is a machista who could roll back rights for women. Fragoso said he also dislikes the way Milei speaks about feminism. But he’s willing to overlook it, he said, to take a chance on something — anything — different.

“They said we were dangerous and that we needed to be quiet,” Milei shouted. “But we’re here, we fought the battle and we’re going to win!

He argues that the tools of social media are just too sharp for young minds. On digital platforms teens parade themselves, often to an audience of strangers, and this is leading to addiction, paranoia and despair

For girls, the effect is especially acute. ‘What we’re seeing is a very sharp, sudden change in girls’ mental health all around the Anglosphere and the Nordic countries,’ he says. A big change was evident from 2013, when physical friendship groups started to be supplanted by smartphones and online chat. ‘But you cannot grow up in networks. You have to grow up in communities.’

The first is that they are fragile and can be harmed by speech and words.

But if you’re a secular liberal girl, you’re probably more than twice as likely to have a mental health problem.’

a University of Michigan survey into ‘self-derogation’ – i.e., how likely teenagers are to say they are ‘no good’ or ‘can’t do anything right’. Figures had been stable for years but started rising sharply ten years ago – except for among boys who identified as conservative and said that religion was important to them.

irls simply use social media more. But Professor Haidt also thinks they are more likely to buy into what he calls the ‘three great untruths’ of social media

boys who have religion in their lives seem to be less susceptible. ‘If you’re a kid who’s a religious conservative, on average, your mental health is not really much worse than it was ten years ago

Next, that their emotions, and especially their anxieties, are reliable guides to reality.

And finally, that society is one big battle between victims and oppressors. All this, he says, is the subtext to social media discourse.

‘It’s what I’ve been calling the phone-based child,’

So we had playdates in childhood, up until around 2010.’ In Britain, he says, the number of children who went on real-life playdates then fell sharply.

Social media is a bit of a misnomer, he says. It’s no longer about connecting people, but ‘performing on a platform’. Perhaps this is fine for grown-ups, but not for children, ‘where they can say things in public, including to strangers, and then be publicly shamed by potentially millions of people

Children should not be on social networks. They should be playing in person. Social media platforms should never be accessed by children until they’re 18. It’s just insane that we let kids do these things.’

I ask if he thinks all platforms are equally dangerous

if you get your news from social media (which many people do – in the UK, Instagram has overtaken all newspapers as a news source), this can change your view of the world, especially as the algorithms tend to promote the most provocative views.

‘TikTok is probably the worst for their intellectual development. I think it literally reduces their ability to focus on anything while stuffing them with little bits of stuff that was selected by an algorithm for emotional arousal. Not for truth.’

If asked to choose whether they side more with Israel or Hamas, ‘the great majority of Americans side with Israel, except for Gen Z, which is split 50-50’,

‘There was a Twitter thread recently showing how if you look at what people are saying on TikTok, you can understand why

TikTok and Twitter are incredibly dangerous for our democracy. I’d say they’re incompatible with the kind of liberal democracy that we’ve developed over the last few hundred years.’

Might it just be the case, I ask, that there’s less of a stigma around mental health now, so teenagers are far more likely to admit that they have problems?

why is it, then, that right around 2013 all these girls suddenly start checking into psychiatric inpatient units? Or suicide – they’re making many more suicide attempts. The level of self-harm goes up by 200 or 300 per cent, especially for the younger girls aged ten to 14

we see very much the same curves, at the same time, for behaviour. Suicide, certainly, is not a self-report variable. This is real. This is the biggest mental health crisis in all of known history for kids.’

he increased number of suicides since 2010 is so large that I suspect this is among the largest public health threats to children since the major diseases were wiped out

His third rule: no phones in schools.

What should parents do? They know that if they try to remove their teenager’s smartphone, their child will accuse them of destroying his or her social life. ‘That’s a perfect statement of what we call a collective action problem,’

‘Any one person doing the right thing is in big trouble. But why do we ever let our kids on social media? It’s only down to the dynamic you just said.’ New norms are needed, he says. And his book will suggest four.

Rule one, he says: no smartphones before the age of 14.

‘Give them a flip phone. Millennials had flip phones. They texted each other

Rule two: no social media before 16

In Britain, suicide rates started rising in 2014, up about 20 per cent for boys (to 420 a year) and 60 per cent for girls (to 160 a year).

finally: more unsupervised play. ‘Both of our countries freaked out in the 1990s, locked up our kids because we lost trust in each other. We thought everyone was a child molester or a rapist.’ Children and teens could do with six or seven hours each day out of contact with their parents, he argues. Keeping them inside risks more harm than the outside world would pose.

It often borrows the language of social justice movements

BimboTok came about at a time when the girlboss had more or less faded as a trendy cultural type

“I don’t know what the economy is, I don’t know what supply and demand is,” Ms. Chlapecka says in one video. “All I know is that our problems would be solved if we’d just print more money.” There’s a way in which her monologues can come to feel almost incisive — why can’t we print more money? The answer is complicated, obviously, and on some level Ms. Chlapecka knows that. “I’m asking a lot of questions that, yes, I have the answer to, but are also valid,” she said. “The whole world we made is literally made up, so we can make up solutions to the issues we have.”

Bimboism is the antithesis of the mode of feminism that was dominant in the 2010s, a kind of hyperambitious you-can-have-it-all feminism that can be summed up by the label “girlboss.”

It encourages asking the dumb questions that get to the heart of things.

Amid the resurgence of leftist politics, and the disillusionment with capitalism among millennials and Gen Z, the framing of careerism and individualism as feminist rings hollow

That girlboss model was critiqued for its lack of inclusivity — its overwhelming whiteness and its focus on a level of economic success that was never attainable for a vast majority of women.

Not to mention, girlboss aesthetics are simply cringe, for a generation steeped in internet irony.

In its most interesting form, bimboism also makes a connection between the ideas of pleasure — sexual pleasure, pleasure in clothes, pleasure in simply existing as a woman in the world with a body on display — and political gains that would make it more possible, like universal health care, student loan debt cancellation and abortion rights.

It’s anticapitalist, even anti-work. (In one video, another BimboTok comedian, @brattybarbiana, dances behind text that reads, “Rule of thumb: All relationships should be 50/50 … He works for his money, I spend it!”)

Bimboism offers an opposing and, to some, refreshing premise: Value me, look at me, not because I’m smart and diligent, but for the fact that I’m not.

But to dismiss this corner of the internet as totally backward would be to miss the point.

Is it really leftist for a woman to want to just go shopping and never get a job?

“Are you a leftist who likes to have their tits out? Do you like to flick off pro-lifers?” Chrissy Chlapecka asks the camera in a 51-second TikTok captioned “BIMBOS, RISE

Now with Putin’s recognition of the separatist regimes, he has, perhaps, set the stage for a wider conflict; and the United States and its allies in NATO would have no choice but to respond with sanctions. But sanctions, such as those imposed after Russia seized Crimea, are unlikely to deter Putin. And really draconian sanctions, such as those used against Iran, could plunge Europe and the U.S. into a recession.

On the basis of this entirely unrealistic view of the world, the U.S. has stumbled into crises that it didn’t know it was creating.

The conflict with Russia over Ukraine would seem to have called for what Richard Nixon called “playing the long ball.” Nixon had played the long ball — defied prevailing opinion — by going to China

The United States might have stepped back from the years of provocations and resets to propose a “grand bargain” with Russia that would resolve or at least ease the conflict — one based, perhaps, on a neutral Ukraine or on the enforcement of the Minsk II agreement.

it seems to me that without such a bargain, we could be headed for another foreign policy disaster — one that will have repercussions in the United States and Western Europe as well as in Russia and Ukraine. Think war, skyrocketing energy prices, recession, refugees and a Russian-Chinese alliance against the United States and its allies.