In its quest for global economic and geopolitical domination, America has made many enemies. To help fund 800 military bases all over the world, last year the American taxpayer spent $620 billion on defence, $69 billion for ‘war-funding’ and $10billion on cybersecurity. Military spending represents about 40 per cent of America’s entire global exports trade.
However, corporate America describes as derisory the funding for cybersecurity and it is stepping up to the challenge as they get to grips with the threats they now face. As a result of government inaction and under-funding, private sector companies have been forced to take cybersecurity more seriously and, according to some projections, will spend an eye-watering $1 trillion on the digital security of their global operations from now until then end of 2021.
America’s enemies are in no position to fight a hot war – for the time being. They know that. In the meantime, President Trump has continually stepped up trade wars and financial sanctions that some countries are now finding too much and are soon to fight back. The cold war between China and America is just one. Russia, North Korea and Iran are obvious allies of China, so are a number of other countries across the Mid-East, Africa and Asia – weary of endless American intervention in their affairs.
Although the cold war with China is by definition a low-intensity conflict, a sharp escalation is likely during 2020. To some Chinese leaders, it is hardly a coincidence that their country is