Why is Putin stalling negotiations to stop the war?

The answer is simple – ending the war with Ukraine spells disaster for the Kremlin.
Putin has driven the country into a dead end: his war goals remain unachieved and the economy survives solely on militarization.
Hundreds of thousands of russians make their living off the front — from factories to trenches.
Without the defense sector, russia is already in a recession. Everything is collapsing — only the military-industrial complex is holding up.
But the Kremlin’s biggest fear is the “heroes of the special military operation.” Tens of thousands of wounded, brutalized men, accustomed to easy money will return to impoverished regions with no jobs and no prospects.
A surge in violence and crime is expected. Experts are already comparing this looming wave to the return of Afghan and Chechen war veterans in the 1990s.
So Putin will fight as long as he can. He only pretends to want “peace” with Ukraine. Because peace means the end — not just of the regime, but of the lies it’s built on.