During the McCarthy era, Julius and Ethel Rosenberg were executed for allegedly giving atomic secrets to the Soviet Union. They were executed on June 19, 1953.
Austria used it as a flimsy excuse to start a war with Serbia, which it had been wanting to do anyway.
Short term effects might be the wars and conflicts waged because of the conflicted ideas of communism and capitalism and the long term effects might be financial crisis and people hold grudges.
