The military-industrial complex (anywhere in the world)

banskters. all wars are banksters wars

Define "win"

The USA and its military-industrial complex will.be the only winner.

Others have covered it already, but the only winners are nefarious crony weapons manufacturers.

Otherwise, war is the destruction and misallocation of scarce resources.

Neither.

All this is doing is letting the military industrial complex test weapons to kill more people. I cannot imagine that everyday people getting hauled off to the war front want their corrupt leaders to continue this. (And yes both countries' leadership are corrupt, money-laundering kleptocrats just getting their people killed).

Russia will occupy what it does now followed by years and years of skirmishes

Not us, the plebs, for sure!

https://www.youtube.com/watch?v=CxMVU2-uM1U USA provoked Russia

Neither.

“ The war is not meant to be won, it is meant to be continuous. ” – George Orwell

I think a better question is who gets what they want? Russia! Soon they will move toward Kyiv and when they are at the outskirts Ukraine will finally negotiate. Russia gets the regions it wanted (donetsk, luhansk, kherson) in return for pulling back and there will be peace

I assume a “win” for UA would be if Russia removed itself from all of the claimed territory (incl. Crimea).

Not going to happen, unfortunately.

Nobody is going to win.

Costa Rica wins, because Costa Rica has no military.

Anyone that comes out alive is already a winner in my book

My guess is, it will be forever war. Not literally "forever" but never officially end but fizzle out over decades into guerilla wars, small skirmishes, suicide bombings etc.

кто более децентролизован тот и победит... Ты знаешь что будет через 1 год?

Not the common man. Not what civilization existed there before the war started in 2014.