That's exactly what's going on, trembita. I wouldn't want to speculate on how much time is left, but the future doesn't look rosy.
I feel that the world is in such bad shape environmentally and otherwise that I accepted that this is the last generation of civilization, so I find humor in this new "bomb wars" (it is kind of childish).
Russia recently revealed a bomb that is "environmentally friendly" and is based on the NEW and improved nanotechnology. It is four times as effective than the USA "mother of all bombs". The US says,..."that's interesting" so as not to admit embarassment. By some strange coincidence, the US now claims to have a "super bomb".