If this description of the situation is even approximately accurate, the question arises whether anything can be done to ameliorate it. Certainly, every effort ought to be made to keep the international economy as healthy as possible, with each nation contributing what it can to the gross world product. This means tamping down international disputes, and -- above all -- wars. In the world as presently constructed, that obligation must fall primarily on the United States, with the important help of the other responsible major powers. There is no deadlier threat to international peace and stability than the conviction, on the part of some willful national leader, that he can improve his country's prosperity at the expense of another nation.
If that is the case, where are the threats today? We can probably count ourselves lucky that there are none. There is no Nazi Germany bent on expansion, let alone a Soviet Union determined to spread the Communist system and philosophy around the world. Even Communist China, which probably could present the gravest threat in this direction if it were so inclined, seems disposed to concentrate on strengthening itself internally, at least for the time being.
So let's be grateful that the world is relatively stable, for the present.
There are real threats out there, but they are for the future.