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Although 2021 is now behind us, there are many issues that will linger for a while, or much longer, and will certainly dominate much of the news in 2022, as well. These are but a few of the issues. NATO-Russian Brinkmanship Exasperated with NATO expansion and growing ambitions in the Black Sea region, Moscow has decided to challenge the US-led Western alliance
s continued economic and technological rise,” because it is unstoppable. Beijing is closing the gap with the US in research and development (R&D) funding. Americans might not like the idea of being overtaken by China, but this “milestone” will most likely “be reached within the next decade.” In this regard “further attempts to stave off that outcome would be not only futile, but also very costly.” The author points out that China has “high savings rate