True. They do have a fuckton of steel surplus sitting around.
They can force a proxy war or two here or there. You like that steel, how about the DRCongo then? There goes the worldâs cobalt supply. Bye bye EVs for a decade or more.
Globalization would have worked out so much better if theyâd have just sat back and been satisfied with being the worldâs factory.
Not really. If it wasnât covid or geopolitical supply chain interruptions, it would be a tsunami or earthquake or volcanic eruption or drought or any number of other damned things.
Shit got this way by being spread out and somewhat self sufficient, and we should return to that kind of manufacturing base as well as keep the sea lanes free and easy for quick trade.
More pettiness from Beijingâor just a nice chance to enjoy Vietnam?
https://twitter.com/bill_hayton/status/1626834768271638528
Guy
A suucinct assessment from Michael Schuman at the Atlantic on the current state of affairs:
The basic flaw in Beijingâs geopolitical strategy is that it is turning against Chinaâs main economic partners (US & EU) in favor of politically similar states (Russia & Iran) that cannot and will never replace the economic losses created by the shift.
Source: https://twitter.com/MichaelSchuman/status/1629101295817871365
Guy
Yes, but.
Putinâs war is benefiting China more than any other country. While Europe and the U.S. bleed money, China gets Russian natural ressources on the cheap and sees its currency get stronger (as the Yuan replaces the dollar in Russia). Russia is slowly becoming a vassal state of China.
Also, while Emperor Xi is learning a lesson from Russiaâs debacle, itâs hard to say what this lesson is. We hope itâs âLeave Taiwan be.â Instead, it may be âWe need a decisive victory in a matter of days, so letâs bomb Taipei to cut the head.â After all, Xi cares about Taiwan (1) to make a political statement and secure his legacy, (2) to control the South China Sea, and (3) for its high-tech industry. Taipei? Well, it has the National Palace Museum, which has cultural (and thus political) value, but everything else can be rebuilt, and thatâll mean millions fewer people in need of âreeducation.â
I was thinking today that one of Chinas weaknesses and constant mistakes through the years is always being sure that the US is on the verge of collapse. Itâs the Marxist gene that they believe that US capitalism will eventually eat itself. So much of Chinese misjudgment comes from believing that the U.S. is soon to destroy itself
So many people in the the U.S. seem to indulge in this similar belief in China but hopefully not on a policy level
Yes but. Had also put paid to the idea that the west is in decline.
Good points. But I think the west can afford it. And a stronger yuan isnât necessarily good for Chinaâs export based economy.
Sucks for Russia. And who will bail out and prop up the Chinese if their invasion unfurls similarly?
Absolutely. But if Putin had had a quick victory, seems to me it would be easier to say
As you said, we canât really know. âLevel Taipei and kill millions for legacy and high techâ seems to me a bit hyperbolic. But yeah I hope not
The third one isnât a factor. There wonât be a high tech industry
Xi wants Taiwan because the U.S. has built two chains of bases to contain China.
China wants to kick the U.S. out of Asia
Thatâs the main reason
I donât think China will start a war by committing war crimes and bombing civilians, whatâs the point of doing that rather than attacking military targets?
Russia has set an example.
EDIT: Iâm aware that western powers have also done the same
Right and it doesnât do anything.
Ukraine didnât give up after civilian deaths
This is Putinâs third invasion since 2008, and his second of Ukraine. The two first times, the West did nothing but waggle its collective finger. Putin and I were both surprised that this time was different â though I surmise his surprise was quite a bit darker than mine.
Very good â and very scary â point.
Unfortunately, I donât think it is. Xi and Putin have the same concern for other peopleâs lives â i.e., none. I know itâs hard for people who are not sociopaths to believe that anyone could think that way, but history is full of leaders who gladly see myriads die for what they see as their legacy â be it territory, pyramids, or whatever else.
Giving up after civilian deaths. Discuss.
We could all be Quackers.
Putin had his window of opportunity in 2014. He tried to play European/US geopolitics because heâs a genius at that.
I donât believe, as some of our fellow Forumosans do, that the west wanted a war.
You seem nice enough, almost certainly only a bit of a sociopath ![]()
Just kidding. Yeah, youâre right, and this has come up on the threads before. We canât assume Xi will make what we think of as a rational decision. But I also think leveling Taipei isnât good for that legacy
I set myself up for that one, didnât I? ![]()
Sociopaths tend to stick out. Itâs their nature.
The US has given the largest part of aid to Ukraine, at 73 billion euros. Europe has given the second-most, at 37 billion. This 73 billion represents 0.37 of US GDP. This is bleeding like if you cut your little finger it is bleeding- slap on a band-aid.