The stark choice facing the Ukrainian leadership is even bleaker than many in the West might recognize. The alternative is not only and not so much between a self-sacrificing war, on the one side, and denigrating peace-deal with Russia, on the other. Instead, Kyiv’s possible partial satisfaction of Moscow’s appetite entails secondary domestic and foreign dangers that could turn out to be, in their sum, larger than the hazards of a new armed escalation today.