I think there is nothing wrong with two super powers always at each others throat. It in some ways balances out the threat of just one super power..
I don't see Russia being anymore of a threat than America if you have oil.
We have to respect the fact the methods in which Russia speaks about war is direct, whilst America will always disguise their war mongering as freedom fighting, liberating...
The world and its capitalist resource based economy is more connected than ever before, we all work and live in different countries and we all have business which expands our own boarders.. I don't think a globally connected world needs to have a WW3, if you wanted to cripple the west you could do it by just crashing/hacking the whole NY, UK stock markets.
Our cyber existence is our WW3 battleground. IMHO
Agreed - there will not be WWIII as we imagine it to be, as it's going on right now - in cyberspace and covert operations. The governments are well aware how people will react if war is officially declared, at the same time they just can't ignore each other.
War has indeed changed, and modern conventional military force is residual, as it can work in its older fashion only when deployed in the developing countries. Superpowers are not for open confrontation apart from mutual accusations and argument - people at power aren't fools, they understand the possible outcome of total (nuclear) war.
Statements like Putin's are just very loud and aggressive words that have only propagandistic value.
I hope so.