The true wildcard of this conflict is China.
If China truly wields its economic power, this conflict will END in 72 hours, and a truce signed by the end of this week, with American military presence being forced at least a thousand kilometers out.
Like, what are the Western countries going to do if China stops the flow of treats to their countries? The threat of rare earth export is a stern reminder of just how much of their industries rely on China. Good luck trying to invade China.
It’s only a matter of political will.
Chinese cars and factories flooding EU market, and blows up protectionist tariff system Substack
Good read. This is what I have been saying all along: the US is unleashing the Chinese industrial capacity to start a mercantilist warfare to kill off European industries. Expect to see US finance capital harvesting Europe like they did the USSR.
This is because exports have to go somewhere if a portion of demand is suddenly curbed, and all the exporters now find themselves embroiled in a dog-eat-dog competition to lower their costs to capture an ever thinning slice of the market.
The only way out of this is for China to expand its consumer base and create an alternative source of demand, otherwise most exporters will get killed simply for not being able to compete with Chinese products in both quality and price.