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outcome will profoundly affect the future of Ukraine, the robustness of the Western alliance, perhaps the nature of the Russian regime, and China’s consideration of whether or not it is too risky to try to take Taiwan by force.

“Paris is worth a Mass,” Henry of Navarre supposedly said before converting to Roman Catholicism and becoming king of France in the 16th century. Similarly, staving off Russia, and perhaps defeating it without firing a shot, is worth $40 billion.

Rich Lowry is editor of the National Review. (c) 2022 by King Features Synd., Inc.