It actually had the chance of being real bad for the entire world, the west actually spent a lot of resources to keep things stable. The Soviet Union had a lot of nukes
No, that was real. The Soviets had suitcase nukes. No idea where they went. I like to believe most arms dealers don't want to be anywhere near that sort of ordinance.
Depends on where one lived at the time I suppose, the Russian economy didn't exactly do great. It wasn't life ending for the majority of people, but then neither was Fukushima, or most of these really.