3 ms·
Hot wars between large economies obviously destroy a lot of wealth, but I’d never considered how bad a protracted cold war could get, especially lacking the asy
by h0l0cube 3y ago
Hot wars between large economies obviously destroy a lot of wealth, but I’d never considered how bad a protracted cold war could get, especially lacking the asymmetry of the first one
- fnordpiglet 3y agoThe first Cold War was pretty destructive and extremely protracted. In some ways it’s still happening with the same players just different political ideologies.
- h0l0cube 3y agoIt can’t be said that the world’s biggest economy was dependent in any way on the other players last time. Taking China out of the supply chain seems almost quixotic at this stage. Globalization and free trade has enabled so much growth, and also has made the world safer by ensuring codependency of the world’s biggest powers. There’s no way to unwind that without consequences