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The military industrial complexes of Russia and the United States (and increasingly so European nations) are business partners. They scare each other's populases enough to make their governments fund more military shit. Julian Assange had it right "the goal is an endless war, not a successful war." There is no big WW3 coming.

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Or rather, WW3 looks like we have already seen. Interminable conflicts in many theaters. Not unlike the conflicts described in 1984. Orwell wasn't wrong about the future of war. I do not, however, rule out the possibility of it escalating to something worse.