We are still in a mild cold war.

You would think that after WWII, every country would have understood that Hitler's expansion and fueling of the world war was something never to commence again. But now it looks like it's starting all over again with China and Russia. Lets begin with China, a quite powerful and controlling nation. Their stocks are tanking and their economy is taking a fearful dive warning it's people that something worse could happen in the future. Looking at how China is behaving, all they want right now is show their power and superiority. They want everyone to know that no one can stop them. One way they are doing this is by claiming the outlying islands saying it used to be theirs. They getting closer and closer to the Philippines and this is seriously worrying them. If no one stops them, they'll keep on going. One missile gets shot by accident or someone intervenes, a war could get started.  Russia takes over Crimea, fly's into Turkish airspace  and it's president clearly casually says he wants to blow up America. Ok that's just to shock the world  but Russia does have capabilities of creating mass damage. Here is the thing, they are no thinking about, when they fuel another war and America and it's have to bombard, they will be in a worst condition than they were before.
Germany was bombarded and the country was left in devastation. It took them 30 years to get back on track and running again.