I am a big fan of Bruce's newsletter. Always enlightening and informative. Regarding how the U.S. won the First Cold War, there are two comments: 1. By naming "The First Cold War", we assume there will be a Second, if not a Third. I would challenge such an assumption, although I realize this has become a consensus in the U.S. I hope we can turn this mindset around before it evolves into a reality, which would be unfortunate for the world (including the U.S.) because China is not the Soviet Union. 2. Instead of concluding the U.S. won the First Cold War, it is equally, if not more, appropriate to argue that the Soviets lost. The U.S. was lucky to have the Soviets as an adversary.
I am a big fan of Bruce's newsletter. Always enlightening and informative. Regarding how the U.S. won the First Cold War, there are two comments: 1. By naming "The First Cold War", we assume there will be a Second, if not a Third. I would challenge such an assumption, although I realize this has become a consensus in the U.S. I hope we can turn this mindset around before it evolves into a reality, which would be unfortunate for the world (including the U.S.) because China is not the Soviet Union. 2. Instead of concluding the U.S. won the First Cold War, it is equally, if not more, appropriate to argue that the Soviets lost. The U.S. was lucky to have the Soviets as an adversary.
Such a timely, well thought-out assessment. We need more unconventional wisdom like this.
Very insightful analysis
Very well reasoned. Smart. Ah, if the Policy of the Potomac would heed.