Nuclear annihilation will go restrain growth outside of obvious geographic spheres in theory.
Industry was not globalized in the previous regimes of pre-World war imperialism. That is the novel difference now. And China requires globalized trade in order to support its overindustrialization and economy.
America also currently requires it because it doesn't have its industrial base anymore. It will probably re-industrialize over the next coming decades but that's something that happens over decades.
However, I feel the new rise of imperialism also marks the end of civilization's historical memory of industrial warfare of the world wars.
First, it's Putin, not Russia. Second, he's not itching to use tactical nukes as that will show his hand and there's a good chance that some of their nukes won't work as advertised due to corruption throughout all their systems.
What Putin enjoys doing is threatening to use tactical nukes in the hope that no-one calls his bluff.
Industry was not globalized in the previous regimes of pre-World war imperialism. That is the novel difference now. And China requires globalized trade in order to support its overindustrialization and economy.
America also currently requires it because it doesn't have its industrial base anymore. It will probably re-industrialize over the next coming decades but that's something that happens over decades.
However, I feel the new rise of imperialism also marks the end of civilization's historical memory of industrial warfare of the world wars.
And that is a very very bad thing