Russia pros:
Still plenty of people who would eagerly fight.
Nostolgia over the Great Patriotic War.
Desperation.
Plenty of natural resources to fund military industrial complex.
Lots of veterans who are serviceable
Cons:
Crappy equipment.
Broke.
Many of the more ideal soldiers are already dead.
Germany pros:
Deeper pockets.
Mercenaries.
Sense of superiority / righteousness of cause.
Wide network of suppliers / trade partners.
More QA of arms & vehicles.
Cons:
White guilt
Lack of veterans / experience.
Lots of people who would refuse to fight.
So... who wins? We are pretending that nukes do not exist.