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I don't think we'll ever see a world war again. In order for a world war to take place, it would have to mean everyone is in on it - including China. All of the countries in the Middle East combined really don't have the firepower that the US or China has, and they surely don't have the organization.
Come to think of it, all of the countries don't have the ability to strike out at us. It's not like Iran has military bases around the world it can launch an attack from.
China also doesn't have a blue water navy.
Food for though.
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