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Adam and Jeff discuss the state of Russia's 4-year misadventure in the Ukraine and point out that this conflict has lasted longer than Russia's involvement in World War II. Jeff points out that Russia has suffered about 1.2 million military casualties. This conflict has taken a toll on the Russian economy because there is a severe shortage of young workers to man the factories. The war has also exposed the poor state of the Russian military and highlighted the "fight to the death" mentality of the Ukrainians. Jeff points out that Ukraine's tenacity is rooted in part in Russia's repeated invasions and engineered famines of Ukraine over the centuries. Adam and Jeff also discuss the fact that Texas-sized Ukraine is the second largest country in Europe and should not have been viewed as a low-risk high-reward adventure like Putin's previous outings in Georgia and the Crimea. Ukraine's historical animosity toward Russia has fueled unprecedented nationalism and drained Russia's military capacity while also causing both Sweden and Finland to join NATO. Even though Russia may end up occupying a strip of territory on Ukraine's eastern frontier indefinitely, it is hard to see how this conflict has helped Russia in any way, particularly as it has become ever-more reliant on its "eternal friend" China.