KEY POINTS
  • For all the legitimate focus on rising U.S.-Chinese tensions, this summer's sleeper surprise for the West is more likely to emerge from Vladimir Putin's Russia.
  • In the past, when matters have seemed sour for Moscow, Putin has turned to adventures abroad to solidify his domestic control.
  • What's difficult to predict is whether an August surprise — or one at any time ahead of U.S. elections in November — would grow more from Russia's strength, its weakness, or more likely some combination of the two.
Russian President Vladimir Putin listens to Construction, Housing and Utilities Minister Vladimir Yakushev during a meeting in Moscow, Russia February 10, 2020.

For all the legitimate focus on rising U.S.-Chinese tensions, this summer's sleeper surprise for the West is more likely to emerge from Vladimir Putin's Russia.

That's because the built-in contradictions between Russia's international ambition and domestic rot that have always characterized Putin's rule, now into its 21st year, are coming to head in a manner that provides him both greater opportunity and peril.