Even though Putin might be gleeful of the decline of America, there is not much he should celebrate overall because his own country is slowly drowning in a quagmire caused by his stupid decision to invade Ukraine. Russia won’t regain any prestige even if they got concessions in Ukraine. The true winner is China, because Xi is simply letting his great power rivals give themselves a thousand cuts-- one cut at a time. The EU might emerge as another power if they de-couple from US in time.