So is this World War III? The term doesn’t mean anything, and that’s a problem |
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Reviews Lifestyle The New Sober Boom Getting Hooked on Quitting Education Liberal Arts Cuts Are Dangerous Is College Necessary? Finance Dying Parents Costing Millennials Dear Gen Z Investing In Le Creuset Crypto Investing SEC vs Celebrity Crypto Promoters ‘Dark’ Personalities Drawn to BTC
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Education Liberal Arts Cuts Are Dangerous Is College Necessary?
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Finance Dying Parents Costing Millennials Dear Gen Z Investing In Le Creuset
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So is this World War III? The term doesn’t mean anything, and that’s a problem
If you're anxious about global conflict, you're not alone. But war is so different now we almost can't see it
Published March 25, 2026 9:00AM (EDT)
Sometimes it’s in our best interest to avoid the advice of economic professionals. In this case, I refer to Henry Morgenthau Jr., secretary of the Treasury under President Harry Truman, whose 1944 “Post-Surrender Program for Germany” was widely attacked as a collective punishment that might result in the death by starvation of 25 million people. One report at the time described it as “barely above the level of ‘sterilize all Germans.’”
Morgenthau’s plan to demilitarize and deindustrialize Germany was seized upon by the failing Nazi regime as a propaganda tool, and the Truman administration ultimately rejected it. Instead of the Morgenthau Plan, the U.S. went with the now-legendary Marshall Plan, which allowed for the rebuilding and reshaping of Western Europe to suit American interests, at a cost of about $150 billion in today’s dollars. That led to nearly 50 years of expanding prosperity during the period often described as Pax Americana.
Well, so much for that. Warfare never really ended, but it became a relatively rare event in the decades after World War II. In this century, that trend has reversed — and the U.S. is clearly culpable in many of these conflicts. In 2025 alone, the U.S. bombed seven different countries across three continents: Venezuela, Syria, Iran, Iraq, Nigeria, Yemen and Somalia. This year is already on track to maintain that record as the Pentagon begs for another $200 billion to continue its thorougly unnecessary attacks on Iran. Who can we thank for all this more than Donald “The Dove” Trump, who chairs the “Board of Peace” while eyeing even more regime change, in Cuba and elsewhere.
Trump’s Board of Peace, which seemingly applies a corporate pay-to-play logic to the mission of the United Nations, held its first meeting on Feb. 19. Time will tell if it ever meets again. Member states mostly talked dues and building a pseudo-police force to control Gaza. Just nine days later, two of its member states, the U.S. and Israel, launched an attack on Iran that has so far left more........