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You need to understand the average Russian mentality to really understand Putin's objectives. Where by Americans could really care less if they are a world power or not - we really just care if we can get our hands on the latest 70" OLED 3D television - Russians are an extremely proud, arrogant people who believe they are the most superior race in the entire world. Also, remember that Russia is really just 2 cities. The rest are irrelevant. And actually, its just one city. St Petersburg is a tourist town. The few mile radius extending from Red Square contains an unimaginable amount of money and influence.

I doubt the Russians will sit still until they achieve their goal, which is to be taken seriously, as they were at various times in the recent past. The loss of states during the breakup of the USSR is still smarting. The Russians want revenge. They have an incredible history and culture that they are extremely proud of, and rightfully so. Just as we adamantly wish (force) to expand our brand of democracy, the Russians wish to expand their vision.