https://www.wsj.com/articles/u-s-edges-toward-new-cold-war-era-with-china-1539355839 … I have no confidence the US will come out on top of this one, but there are many upsides. War is the great innovation engine, and China obviously plans to win this war through innovation. New toys inbound — if it doesn't come to nukes
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hot wars still important in proxy wars
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True, though even proxy wars feel more like a 20th century thing. Suppose it's possible the US and China could have one, perhaps over rare earth minerals or shipping lanes in SE Asia, but I'm not sure who the proxies would be.
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Yemen is the most obvious proxy war today, but it's between Saudi and Iran not great powers (though US is complicit). Syria is sort of, but the US had a hard time finding a reliable proxy.
End of conversation
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