I was slightly too young to really remember the cold war, and my only hazy related memory is positive: the fall of the Berlin wall. So, major geopolitical conflict was a thing of the past.
Of course in reality, 10-15 years of relative peace (and of course there was still regional conflict) and social stability (though of course there were many unaddressed problems) is just a blip, but especially growing up in that era, it didn't feel that way at the time. I think that might be why so many millennial and Gen-x folks feel particularly disillusioned with the state of the world now.