This from Brenner's recent post

Moscow and Beijing face a dilemma of a singular nature. They must devise
elaborate strategies to stymie American plans to perpetuate its dominance
by undermining the growing political, economic and – derivatively
diplomatic - strength of these perceived rivals. Containment both in
broadly security terms and in terms of their impressive national
achievements – the latter that diminishes the American (Western) claim to
representing to representing the one true path to political stability and
economic sell-being. Resistance to those plans by the Russians and Chinese
has become the overriding strategic imperative in both capitals as manifest
in their intensifying collaboration in all spheres. As they see the
situation, that momentous move is dictated by the reckless conduct of  a
fading, flailing superpower still in possession of an enormous strength to
disrupt and to destroy.
Still, when it comes to direct confrontations with Washington over Ukraine
or Taiwan, they are obliged to temper their actions so as to avoid
provoking an unwanted crisis with an America they view as unpredictable and
unstable. That concern applies to a Trump presidency as much as it does to
the outgoing Biden presidency. Striking the correct balance is a daunting
challenge.
The upshot is that Putin and Xi tread carefully in treating with their
feckless Western counterparts who disregard the elementary precepts of
diplomacy. We are fortunate in the temper of Chinese and Russian
leadership. Xi and Putin are rare leaders. They are sober, rational,
intelligent, very well informed, capable of broad vision, they do not
harbor imperial ambitions, and while dedicated to securing their national
interests are not bellicose. Moreover, they have long tenures as heads of
state and are secure in power. They have the political capital to invest in
projects of magnitude whose prospective payoffs will be well into the
future.

NOTE HIS ASSERTION THAT NEITHER PUTIN nor XI "harbor imperial ambitions"
--- I think that is "debatable" to say the least --- I do certainly hope
that XI and Trump can figure out a way NOT to start World War III over
Taiwan ....(and this ain't hyperbole) --- I think Trump and Putin will work
out a "solution" to Ukraine which will sell out the Ukrainians as surely as
Chamberlain sold out the Czechs in 1938


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