Both Sides Think They Can Win a New Cold War

Both Sides Think They Can Win a New Cold War

Mutual miscalculation is one of the most dangerous errors in foreign policy. Deliberately escalating a crisis does, after all, sometimes work: when you’re better able to endure its consequences than your rival, they might make concessions they otherwise wouldn’t. But crises are hard to predict. They don’t always move in straight lines. You might be less resilient than you thought—or your rival might be tougher. He may have tricks up his sleeve you didn’t expect. Making this kind of miscalculation hurts you. And when your opponent makes a similar miscalculation, you both lose.

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