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Home » George Beebe: Ukraine on the Brink – What Happens Next? (Transcript)

George Beebe: Ukraine on the Brink – What Happens Next? (Transcript)

Read the full transcript of former CIA Russia analyst George Beebe’s interview: “Ukraine on the Brink – What Happens Next?” on Greater Eurasia Podcast, August 31, 2026.

EDITOR’S NOTE: In this interview, Professor Glenn Diesen speaks with George Beebe, former CIA Russia analyst and Director of Grand Strategy at the Quincy Institute, about what he calls a grim turning point in the Ukraine war. Beebe argues that Russia’s tightening blockade of Odessa’s ports is landlocking Ukraine, crippling its export economy, and undermining any prospect of a durable postwar recovery. The conversation examines attrition dynamics, Ukraine’s demographic decline, and why Beebe believes a negotiated settlement is now more urgent than ever.

Introduction

GLENN DIESEN (00:00:00 – 00:00:15): Welcome back. Today is the 31st of August, 2026, and we are joined by George Beebe, the former director for Russia analysis at the CIA, now working as the director of grand strategy at the Quincy Institute. Thank you for coming back on the program.

GEORGE BEEBE (00:00:16 – 00:00:17): My pleasure. Thank you.

Russia’s Naval Blockade and Ukraine’s Ports

GLENN DIESEN (00:00:18 – 00:02:01): I read your article about Russia shutting down Ukraine’s ports and de facto landlocking the country. And yeah, I would advise everyone else to read it as well. So I’ve left a link in the description.

But this seems to be part of a wider challenge, it seems. That is, there’s a tendency to go up the escalation ladder against Russia without really, I guess, critically assessing the possible consequences. And what we saw in this 40-day-plus campaign of these deep strikes into Russia, which were aimed to a large extent at targeting civilian infrastructure, including its shipping.

Initially, it was celebrated as a game changer, not just by Ukraine. I saw Marco Rubio also referred to it, and the president of Finland was very open in why this is a good strategy, why we should hit civilian targets inside Russia so the Russian public would put pressure on the Kremlin to end the war. However, we also see that Russia has a lot more air power and Ukraine doesn’t have much air defences. So it seems that some of this should have been predictable, and yet it wasn’t, it seems.

So we now see the Russians attacking pretty much everything and putting this naval blockade on Ukraine. So, I guess I have 2 questions. Why wasn’t this predicted? But also, in your article, you describe Russia landlocking the Odessa ports as potentially a grim turning point. What do you think makes this moment different from the other developments throughout this war?

Why the Warning Signs Were Ignored

GEORGE BEEBE (00:02:03 – 00:10:59): Well, on the predictability of this, yes, it was predictable and it was predicted. The problem is that the mainstream in the West, both here in the United States and in Europe, essentially has turned a blind eye to any development in this war that does not conform to its preferred narrative for what’s going on. And the preferred narrative, of course, is that the Russians are losing, that this is a war that Ukraine will ultimately prevail in.

And so every Ukrainian attack is celebrated and is portrayed as confirmation that this war is going according to that preferred narrative. And Russia’s own activities, its advances on the battlefield, its strategic airstrikes on Ukraine are all either ignored or underplayed. And that means that people that predict what’s going on and warn about where all this could lead are essentially sidelined in the popular discussion.

And that I think will ultimately prove quite tragic because Ukraine is going to be left in really an abysmal condition. And I think people in the West are going to be surprised by how this war ultimately plays out. And that can be dangerous because when you’re confronted with the reality that is so sharply at variance with what you’ve been led to expect, people can react in ways that become quite dangerous. Washington and Europe can kick into what I would call “do-something mode” in order to preclude the situation that has become apparent. And that’s when people make dumb decisions. That’s when things can escalate into direct military confrontations.

So I think this was predictable, it was predicted, but those predictions were largely ignored. And that’s, I think, a big problem.

The “Steel Porcupine” Scenario and Its Collapse

When it comes to this question of the broader implications for Ukraine about what the Russian strategic air campaign is doing to the country, what it really is doing is eliminating the possibility of an outcome that many people in the West believe is both desirable and likely. And that’s what I call the “steel porcupine” scenario.

These are people that say, okay, well maybe Ukraine can’t win the war outright. Maybe it can’t drive all of the Russian military off of all occupied Ukrainian territory, but it can essentially fight Russia to a stalemate. It can arm itself so heavily that Russia will be forever frustrated in its ability to bring this war to a decisive end. It will be sort of the equivalent of Israel in Eastern Europe, a state that is heavily militarized, that punches well above its weight class as a military power, can overcome the size advantages of a large and hostile neighbor, and in turn can be the frontline for Europe in counterbalancing and frustrating Russia’s own geopolitical ambitions, which are allegedly to dominate Europe and perhaps even inflict some sort of military defeat on a NATO ally.

And I think what the Russian strategic air campaign is doing is actually precluding the possibility of that kind of outcome. Russia is making sure that Ukraine is not going to emerge from this war in any condition to become a steel porcupine. It will be a country that has not only lost a fair amount of territory, but also a country that can’t rebuild itself economically, that can’t be reconstructed by outside donors, whose infrastructure is so devastated that it can’t heat itself, it can’t trade, it can’t bring economic goods to market, it can’t meet its own budgetary requirements and is perpetually dependent on European cash flows in order simply to meet its budgetary needs.

That’s not a country that’s going to be a steel porcupine.