Who benefits from World War 3 fear?
With nuclear deterrence (capability of retaliatory strikes), the threat of World War 3 similar to World War 1 and 2 appears unlikely.
Instead proxy geopolitical skirmishes like in Ukraine and Syria will become the norm as the world is divided into two major polar axes: USA and its vassal states on one side and Russia China and its partners through BRICS+ and Shanghai Cooperation Agreement on the other side. The division will represent progress from unipolar hegemony, and at the same time a step back from globalization and the full benefits of global trade.
US reserved currency will become regional based, and therefore cause a major blow to the US economy due to massive debt overload and disconnect between production and consumption.
The East and global majority will enjoy renewed prosperity through equal partnership and reciprocal trade, and a new currency.
Protracted arms race and interference in internal sovereignty through promoting coups like in Kiev 2014 between the polar axes will define this new geopolitical period especially arms race in space and with artificial intelligence.
Could the two major polar axes join in global governance as equal partners? A major shift in thinking from exceptionalism and superiority by US neocons/neoliberals is required, and therefore is unlikely.
Stephen.Garvey@EmergingGlobalRealities.com