China and the US are not-so-secretly on the verge of, if not a new cold war precisely, at least a cool one. But if you're looking for optimism, recall...
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China's determination to assert control over disputed islands in the potentially energy-rich waters of the East and South China Seas spells trouble not just regionally, but potentially globally.
This reminds me of the nuclear war scenarios that were popular in the late 1940s and early 1950s. Of course the Soviets start it. Rockets fly and there is mass devastation on both sides.
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