22 June 2024

West Asleep At The Wheel At The Dawn Of ‘Cold War 2’ – Analysis

Nicola Stoev

The Soviet-China partnership at the beginning of Cold War, and the present quasi-alliance between China, Russia, Iran, and North Korea all have much in common. Their overriding goal is to topple the United States. This means that the U.S. cannot simply withdraw behind its oceans and adopt a posture of isolation or neutrality; the U.S. itself, and its power and wealth, is the target. Donald Trump, the market fundamentalists, and their supporters should understand that.

The mid-2020s are very similar not just to the 1930s (as everyone talks about), but also to the late 1940s and early 1950s, never mind that in the 50s only 24% of the world GDP was coming out of global trade; now that figure is about 60%. In those decades, a third world war almost broke out between the U.S. and the USSR/China. The Korean War happened, China invaded Korea as part of that war, and the USSR almost invaded Yugoslavia. Only strong deterrence by the U.S. and distrust between the USSR and China averted the danger. Now, it seems that we are in another critical period, and much depends on the choices of leaders in China and Russia.

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