Powerline has a fine analysis of the underlying factors in the Georgia-Russia conflict.
It's all about the oil.
The general consensus is that Russia's invasion of Georgia was triggered by the fear of losing an oil resource. Georgia only provides oil for about 1$ of the world's energy needs, but Russia didn't want to cede control over the flow of that oil.
Correlation is not causation, but it can be awfully suggestive. (Francis Porretto, Bastion of Liberty)
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