It's interesting to think back to the start of the global economic crisis, when there were a lot of assumptions voiced about how a rising quotient of international tension would inevitably morph into more conflicts and thus more traditionally focused defense spending – i.e., great powers hedging against one another versus, say, non-state actors or state failure. If we were on the verge of the second Great Depression, then certainly we'd find ourselves in a 1930s-like march toward significant great-power struggles, yes? With the Arab Spring providing the tinder for a great-power free-for-all?
So what have we found so far?
Read the entire post at Time's Battleland.