Different period but there are parallels to set upon what happened during the years of the Cold War and what we are currently living through today.
Multiple armed conflicts in highly tension zones like Ukraine, the ME and Asia with Taiwan/China, etc ...
It wouldn't take THAT much for a global war to start out but also due to economics and the global market, everyone would suffer from it if they were to actually act upon it so it becomes quasi unlikely.
The deterrent are too strong for anyone to truly make the "dynamite go boom".
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