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Also nonmilitary options that he has as well. i think it's important that diplomacy continues. you mentioned the various talks that have been happening today and in the last couple of days, and i think chancellor schultz of germany is planning to visit moscow next week. it's important to keep those lines of diplomacy open at the same time as preparing for the worst and making clear that there will be very severe consequences for russia if they do engage in the military aggression against ukraine. indeed resident aggression against ukraine. indeed president put _ aggression against ukraine. ind...

In terms of may be a ban on microchips and things like that going to russia, but also the possibility of not starting, suspending the north stream gas pipeline, which is important for russia, and also expelling russia from the swift international banking messaging system, so there are tools at the west's disposal which would be extremely damaging for putin personally and his entourage as well as for the russian state.— as for the russian state. some are callin: as for the russian state. some are calling this — as for the russian state. some are calling this the _ as for the russian state. ...

A bit. war hasn't been kind to the russian empire after the first world war or the decision by general secretary brezhnev in the last couple years of his life to launch an invasion of afghanistan. that drove a few nails into the coffin of the soviet union. put-in could be looking at the risk to his own regime if an insurgency develops that sends russian soldiers home in body bags. >> bill: when you think about the sanctions how do you believe putin prepared him and his government and country for that. he knew they were coming. he knows there will be more. what does he do to build up or fortify...

Connect that place back up with russia via belarus and taking territory from poland and lithuania and a threat to nato, invocation of article 5. it means war. this is a very serious moment for europe and i think they are increasingly seeing it. >> bill: sense of what president biden tells the world in two hours? >> he is going to i think try to rally the world to support ukraine, to resist this russian move. i think if putin succeeds, it is really going to change the map in europe. change the security architecture. it will require a lot of reassurance of our friend and allies in europe that pr...

Ukrainian military. the other thing i've always believed, there is risk here for putin to be sure. the international community is going to attempt to isolate him as a result of this. nato -- i would hope nato wakes up and we start getting defense budgets that have teeth in them and real capabilities to deploy into eastern europe. and the united states has got to look at itself. our major threat we've been talking about, bill, here many times on the show is china. and yet russia is imposing their will in europe to a staggering degree that will have significant consequences on us in terms of our...