Alsadius comments on Open thread, Dec. 1 - Dec. 7, 2014 - Less Wrong Discussion
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There's a certain type of leader, over-represented among strongmen, that will push as far as they think they can and stop when they can't any more. They don't care about diplomacy or treaties, they care about what they can get away with. I think Putin is one of those - weak in most meaningful ways, but strong in will and very willing to exploit our weakness in same. The way to stop someone like that is with strength. Russia simply can't throw down, so if we tell them that they'd have to do so to get anywhere, they'd back off.
Of course, we need to be sure we don't push too far - they can still destroy the world, after all - but Putin is sane, and doesn't have any desire to do anything nearly so dramatic.
Putting gains inner politcs strength from the conflict.
That assumes that you can simply change from being weak to being strong. In poker you can do this as bluffing. In Chess you can't. You actually have to calculate your moves.
Holding joint military exercises isn't strength if you aren't willing to use the military to fight.
Bailing out European countries is expensive enough. There not really the money to additionally prop up Ukraine.
Only as long as he's winning.
NATO is, far and away, the strongest military alliance that has ever existed. They have the ability to be strong. When the missing element is willpower, "Man up, already!" is perfectly viable strategic advice.