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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (29286)	3/1/2022 10:22:47 AM
From: Les H	Read Replies (1) \| Respond to of 49110

Are China and America Already in a Second Cold War? Cold War 2.0 must be analyzed in a multipolar framework instead of through a focus on any one state. Thirdly, the Cold War was largely dominated by proxy warfare around the globe. Instead of actively engaging in direct military conflict, the United States and USSR financed and armed the oppositional groups on foreign territories—culminating in three major proxy conflicts: the Korean War (1950-1953), Vietnam War (1955-1975), and Afghanistan War (1979-1990). Although no such proxy conflict is present between the United States and China to date, both countries are supporting rival factions abroad, either militarily or diplomatically. nationalinterest.org Fall of Soviet Union Moscow was spending more per capita on Cubans and folks in Nicaragua than on improving Soviet citizens’ living standards. The government responses of perestroika and glasnost didn’t reform the Soviet system but only exposed its fissures and contradictions. The empire had to be jettisoned, precisely as Reagan had predicted. nationalinterest.org I read a CIA prediction back in the late 70s their oil production would peak by 1985 and they'd have trouble maintaining the Warsaw Pact. A big part of the problem also was the Soviet Union being dependent on arms sales to the Warsaw Pact countries other allies as well. 50 percent of the economy was geared toward defense.