So a stalemate is a loss for Russia.
It's not a loss since afterall they still conquered far more territory than before this war. Before 2022 all they had was Crimea - that's essentially all they won in the 2014 conflict. Now they've solidified much of the south east - they consolidated Donetsk and Luhansk, no ukrop tanks are going there anytime soon, and captured Mariupol.
The Russians expected the ukrops to lay down like the Georgians did. They expected this to be over in a week or two - that's why the soldiers even bought their formal uniforms with them. They expected to be parading by now. However, once they realized that this isn't going to be an easy win they had to change strategy accordingly and regroup. They bought enough supplies for a few weeks, not a few months.
And will soon suffer economically from the sanctions.
Not really... the only "suffering" they had was in March when the war broke out and the west started sanctioning them. That's when the ruble plummeted. It's fully recovered since then.
Russia has been sanctioned since 2014. It's not a huge deal. Their trade surplus is at a record and the ruble has fully rebounded. The ruble is sitting higher today than through all of 2022. In fact, it's sitting higher today than the past 2 years.
They're going to find other countries to sell to like China, Iran, India, etc. China is thirsty for oil and gas and can easily replace the countries that won't import
In my book, that is a huge loss for Russia.
Well, it's not a win for Ukraine either. Unless you consider the win to be that they only lost part of their country and not the whole thing including the capitol. They were unable to reclaim Crimea, Donetsk, Luhansk, etc. after 2014 and in this campaign Russia has expanded the territory