The talk of a military force provided by the 'Coalition of the Willing' to help secure Ukraine after a peace is a non-starter, not least as it would preclude any peace deal. But it's easy to snipe from the sidelines, so this episode I stick my neck out: what do I think would represent a credible security guarantee for Ukraine that would also permit a peace? Buckle in, it's a long and wonkish episode, but in many ways that's the point: deterrence works when credibility beats rhetoric, and no silver bullets here, just a web of bilateral and trilateral guarantees, decade-long funding lines, means of helping Ukrainians demonstrate their capacity to bloody Putin's nose in a rematch, and strategic clarity

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