President Xi Jinping of China and President Vladimir Putin of Russia (Photo: US Military Academy)

What Is This Cold War II About?

by Joe Buff, MS, FSA

The Pentagon recently recognized that the United States is in a “new cold war” with China and Russia. This realization/admission by our national defense officialdom was a gradual process, as was the gearing up by the various participating “near-peer competitor states” involved in the conflict itself. Some commentators, including this writer, offered the view years ago that Russia was…