"In short, U.S. friend Georgia is hardly on the unambiguous right side of this dispute, was recklessly aggressive (in part because of U.S. military aid and friendship), and is not strategic to the United States. As bad as this crisis is, it could have been worse if Georgia had already been admitted to NATO. This crisis should be a wake-up call that admitting Georgia, Ukraine, or other non-strategic nations in the Russian sphere of influence into NATO could needlessly make Russia even more hostile and start a new, dangerous, and unnecessary Cold War."
Crisis in the Caucasus - by Ivan Eland
Krugman and the "Heroic" Fed
7 hours ago