Managing Volatility In An Uncertain World
Aug 31st, 2019 | By Dr. Jim Eckman![](http://issuesinperspective.com/wp-content/uploads/2019/08/adolfo-felix-vdMAcU1dHm0-unsplash-150x100.jpg)
Despite everything that has occurred over the last five years, the United States remains the only major world power. The events leading up to World War I and World War II proved that isolationism is not a viable foreign policy. After World War II, the US put together a series of alliances and economic entities to move the world towards relative peace and economic prosperity. Through the decades of the Cold War, those systems have worked. But today, the US position is being challenged by China and, to a lesser extent, Russia. China’s growing military and economic power pose a genuine threat to the national security of the US. Time will tell whether the trade strategies President Trump is pursuing will work. But there are two areas where the US can learn from both history and common sense—Russia under Vladimir Putin and Afghanistan.