The second Cold War isn't upon us. Photographer: Dmitry Serebryakov/AFP/Getty Images
The second Cold War isn't upon us. Photographer: Dmitry Serebryakov/AFP/Getty Images

What if I pick something that matters but not as much as people seem to believe? Is that fair?

There's so much overblown rhetoric about Russia right now ... I'm not going to say the events in Russia/Ukraine don't matter but the idea that we've entered a Second Cold War is just plain wrong.

What do you have? What do you think mattered this week?

To contact the writer of this article: Jonathan Bernstein at jbernstein62@bloomberg.net.

To contact the editor responsible for this article: Alex Bruns at abruns@bloomberg.net.