In short, there hasn't been a war amongst emerged industrialized economies since the 1940s. Current Balance of Power: U.S. with China, Japan, Euro, Russia, Brazil, India, Aussies, Canadians, as mid-level powers. Future: U.S., China, and India with Euro, Japan, SE Asia, unified Korea, Russia, Brazil, Aussies, Canadians as mid-level powers. Have we reached a point where both powers have so much to lose that a war, in the classical sense, would be rendered out-of-the-question? What say you, Eighth?