On Feb 9, 2008, at 6:06 AM, Peter Todd wrote:

> [I suspect] initially the cold war was *relatively* friendly

You're kidding!?  If you divide the cold war into 1945-1965 (djia 10x  
growth) and 1965-1985 (djia "flat"), then the first half includes  
most of the major nuclear weapons initial invention ("Limited Test  
Ban Treaty" in 1963 stopped atmospheric testing), The US "McCarthy  
era", the Cuban Missile Crisis, fallout shelters, school drills for  
nuclear attack,  and in general a feeling that REAL war could erupt  
at any moment.  The second half was comparatively mild in attitude,  
perhaps post-MAD; nuclear war became "unthinkable" rather than  
"expected at any moment and we're going to WIN."

BillW


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