Niall Ferguson on Cold War 2, Middle East Conflict and Woke Students
Macro Hive Conversations With Bilal Hafeez
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What Are the Similarities With Cold War One?
I think it's sufficiently similar to be described as Cold War II. I think Xi Jinping basically started it by aspiring to primacy, or at least parasy, in the Indo-Pacific region and by embarking on a really extraordinary program of rearmaments. He sought explicitly to challenge the United States and to establish China as an equal, if not superior, great power. All of that's been going on since for more than 10 years, but Americans were really kind of asleep until of all people Donald Trump woke them up. And Trump intended only a trade war, not a Cold War. The Cold War kind of happened almost despite him because in the course of his presidency, more and
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