My take is, it's what we might call "controlled demolition of military assets". Both sides - Russia and NATO/EU - pick a cozy little spot, find an excuse to send their obsolete gear there - Z-marked tanks and missiles for Russia, small arms and auxiliaries for the west. The crews of well-paid mercenaries clear the area when the cameras are off, then the gear gets blasted into pieces, for the enjoyment of the "Slava Ukraini" idiots online.And afterward, both sides write off the destroyed gear from their arsenals, and file in billion-dollar orders for the next generation of armament.

I must say, it could be worse. Even obsolete surplus military tech is still dangerous, and usually gets quietly sold off to warlords in various hotspots around the world - and they're not nearly as gentle and precise in handling their new toys. Destroying the gear now in a highly-publicized but otherwise fake war, means it won't get used in a real one that simply doesn't reach the front pages of the legacy media.

Eventually?

I stopped believing 24 hours into the war.