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Well , it worked for sixty years - the big powers were never at war with each other. I would say that having a credible nuclear deterrent guarantees peace on your territory ( not including terrorist attacks though ) .  
by cavver on Tue Jan 22nd, 2008 at 04:39:58 AM EST
You could argue, though, that any number of proxy wars were fought during the Cold War. The inhabitants of the countries wherein such wars were fought might be less than impressed with the restraint shown by the superpowers.

"The basis of optimism is sheer terror" - Oscar Wilde
by NordicStorm (m<-at->sturmbaum.net) on Tue Jan 22nd, 2008 at 05:01:23 AM EST
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Some might argue that the stability came from the eventual commitment to retaliatory, rather than first strikes.

The first strike doctrine gave us the Cuban Missile Crisis. MAD (which is a retaliation doctrine) gave us more stability.

by Metatone (metatone [a|t] gmail (dot) com) on Tue Jan 22nd, 2008 at 05:45:28 AM EST
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