Almost. Actually the main message of that Bloomberg article is (quoting from the article):
"As Americans consider how strongly — or even whether — to defend the international order their country created against the growing pressures exerted by authoritarian revisionist powers such as China and Russia, this lesson is worth keeping in mind."
Basically, the author argues: "the Americans" should not stop to "to defend the international order" "against" "China and Russia" or... there can be a new World War.
Note the problem: it is not clear how the author imagines that the very insisting on "defending" the "order" by the Americans can't provoke the bigger war than they imagine?
Austrian leaders, at that moment of a huge empire, also just believed they "defended" the "order" when attacking Serbia, which they expected will be a small and easy war, but they actually started the WW I. In spite of the popular belief, also mentioned in the article that "what we would now call globalization had rendered great-power conflict obsolete."
"As Americans consider how strongly — or even whether — to defend the international order their country created against the growing pressures exerted by authoritarian revisionist powers such as China and Russia, this lesson is worth keeping in mind."
Basically, the author argues: "the Americans" should not stop to "to defend the international order" "against" "China and Russia" or... there can be a new World War.
Note the problem: it is not clear how the author imagines that the very insisting on "defending" the "order" by the Americans can't provoke the bigger war than they imagine?
Austrian leaders, at that moment of a huge empire, also just believed they "defended" the "order" when attacking Serbia, which they expected will be a small and easy war, but they actually started the WW I. In spite of the popular belief, also mentioned in the article that "what we would now call globalization had rendered great-power conflict obsolete."