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[personal profile] rfmcdonald
The excellent economist and writer J. Bradford Delong puts it well in his must-read blog, Moveable Type:

"The three big threats that may turn the twenty-first century into an abbatoir are (i) the possible emergence of an expansionist, militaristic Wilhelmine China, (ii) a failure of "transition" that results in the emergence of a Weimar Russia, and (iii) Hindu nationalistic communalism leading to the emergence of a Fascist India--a place where encouraging mobs to kill Muslims and burn their houses wins lots of votes. (The threat of an Islamic Reformation leading to lots of wholesale terrorism and the occasional repeat of what Christians did to each other on St. Bartholomew's Day ranks fourth.)"
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