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All in all, I think it's hard to say what Putin's full intentions are. I think at this point, he realizes that if he presses onward with annexation, our globalized world will continue to break down his economy until there's nothing left. With that said, I don't think he is done stepping into new regions... but, considering that Georgia happened around 2005/2006?, it wouldn't surprise me if he chose to keep quiet until around 2018 or 2019.