Opinion | America would be lucky to have only a cold war with China WashTimesOpEd
and the United States are withdrawing into a technological competition that is both self-justifying and destabilizing. In varying measures across industries, two separate research and development and supply chains will emerge for computer hardware, critical components and software, artificial intelligence, green industries and critical raw materials. And those will find expression in the Chinese and U.S. conventional arms competition.
The Ukrainian conflict will not be favorably resolved without NATO providing Kyiv with jet fighters and weapons to strike supply lines in Russia and inflict corresponding damage on Russian infrastructure. Mr. Biden is naturally reluctant to take such aggressive steps for fear that a desperate President Vladimir Putin could unleash nuclear weapons or NATO forces could be drawn into direct conflict with the Russian military. But the emerging stalemate drains U.S. resources that could be used to build American forces more rapidly in Asia and the Arctic, whereU.S. military planners are proving as inept as Russian ground forces with slow and failed weapons development projects.
Global conflicts are like global financial meltdowns. They often emerge as small sparks in distant places beyond the immediate attention of policymakers, but that have devastating consequences. • Peter Morici is an economist and emeritus business professor at the University of Maryland, and a national columnist.
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