What the Europeans and Americans were doing in Ukraine is less clear. They had the triumphant moment and they have eliminated a corrupt leader. But they certainly are not ready to take on the burden of Ukraine’s economic problems. And with those economic problems, the ability to form a government that does not suffer from the ills of Yanukovich is slim. Good intentions notwithstanding, the Ukrainians will not like the IMF deal.

I will guess at two motives for European and American actions. One is to repay the Russians for their more aggressive stance in the world and to remind them of how vulnerable Russia is. The second is as a low-risk human rights intervention to satisfy internal political demand without risking much. The pure geopolitical explanation — that they did this in order to gain a platform from which to threaten Russia and increase its caution — is hard to believe. None of these powers were in a position to protect Ukraine from Russian economic or military retaliation. None of them have any appetite for threatening Russia’s fundamental interests.

As stated above, the question now is two fold. Will the Ukrainian parliament, once the adrenaline of revolution stops flowing, be able to govern, or will it fall into the factional gridlock that a presidential system was supposed to solve? Further, will the east and Crimea decide they don’t want to cast their lot with the new regime and proceed to secede, either becoming independent or joining Russia? In large part the second question will be determined by the first. If the parliament is gridlocked, or it adopts measures hostile to the east and Crimea, secession is possible. Of course, if it decides to accommodate these regions, it is not clear how the government will differ from Yanukovich’s.