LegitHyperbole said:
Exactly. Money is more important. Oil is enough to go to war, Taiwan is exceptionally significant to the US and China for computer tech. The SCS is also of great financial value. No body ever wants war, the US tried to be isolationist during early WW2 and they simply couldn't, it came to meet them. Isreal has gone rouge. Russia has gone rogue since 2014. The economy is collapsing almost and a war economy would save people a lot of financial ruin. |
Israel can't do much without US support and the US has made it clear they do not want to be dragged into a war with Iran. Israel can still do a lot of damage in the ME but it won't spread into a world war.
Iran also does not want a war with Israel or the USA. They turned the retaliation foe the Israeli bombing of the Iranian embassy in Damascus into a big light show after informing the US and allies of what they were sending and when. Iran also still hasn't responded to the assassination of Hamas leader Haniyeh. Iran wants to keep their deterrence (they're bound to do something) yet will be careful not to escalate.
Russia has little left to fight with, they have their hands full with Ukraine. The US is happy to keep the grind going, let Ukraine keep killing Russian draft soldiers while telling Ukraine not to escalate.
China is looking more for economic power. Last they did was broker a trade deal between Iran and Saudi-Arabia. Why would they want to blow that up again. China is its own economic powerhouse. They don't need Taiwan, but it's an ego thing for President Xi like Ukraine is for Putin. China could still take Taiwan as the West has shown they won't do much. However China has too much to lose from sanctions.
War economy does not save people from financial ruin. Over 40,000 businesses are going bankrupt in Israel due to the war(s). The only ones profiting from war are the ones making the weapons.