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Birimbau said:

He just wants to invade Taiwan and take them by force, killing dozens of thousands in the process, and make sure the rest of the world will close their eyes and pretend nothing is happening.

And Russia has shown with Crimea that annexation is damn worth it. A small and brief recession from the economic sanctions was the only price Putin paid for it. It will pay itself off rather quickly, that's a very good investiment: now imagine that for Taiwan. Not that it is anything new, Turkey and Indonesia both have rolled over foreign land multiple times in the past and annexed them despite the protests of the Western countries.

But it's something more likely to happen now as the economic hegemony of the West is eroded: from close to 80% of the economic output of the world in the mid 90's to less than 40% in the next decade. That's unless all of the remaining countries quickly "westernize" their politics, so to speak, but the opposite seems more likely to happen nowadays with Trump etc.