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Welcome back to The Breakdown with me, NLW.

It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.

The breakdown is sponsored by nexo.io, Arculus, and FTX, and produced and distributed by CoinDesk.

What's going on, guys? It is Sunday, February 27th, and that means it's time for Long Reads Sunday.

Before we get into that, if you're enjoying the breakdown, please go subscribe, give it a rating, give it a review, or if you want to get deeper into the conversation, come join us on the breakers

Discord. You can find a link in the show notes or come to bit.combe, slash breakdown pod.

Now, today for LRS, we're going to read three threads related to Russia's invasion of Ukraine.

Two of them are about why the West got it wrong on Ukraine, offering very different pictures.

And the third is, well, something a little bit different that I'll share at the end.

I share these perspectives not because I necessarily agree with them, but because I think

these are the questions that we're asking now, and it's important to ask them.

It's important to ask them out loud to be able to have the

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