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No. Right now, everyone is terrified of a major war. Russia is absolutely terrified of having to fight the West, since they're just barely managing against Ukraine when it's receiving very limited support from the West. No one in Europe wants to get involved, because no one wants war. The US doesn't want to get involved, probably because a ton of reasons, many of them probably related to escalation/opportunism. Israel might want a war, but it would be really risky without US support, which they don't seem to have for a large war. Iran doesn't want a war, because it would drag the US into it. China doesn't want a war with Taiwan, because they don't feel like they're ready for it yet. The US is not going to start a war in Taiwan, because what reason do they have to start a war there.

Now if the US was involved in a major conflict that's not Taiwan, that might prompt China to take advantage of the situation, but it doesn't seem like we're getting there. I'm also not sure even a war in Taiwan would escalate into a world war, because I don't think it's in anyone's interests to wage more than a limited war outside Taiwan.

rapsuperstar31 said:

No, The USA, China, and all of USA allies do not want war, so it won't happen. None of the biggest countries that would suffer in their GDP wants to go to war with each other and will avoid it at all costs. Money is always more important.

China definitely wants to take Taiwan, and it's probably going to involve a war. They're just not comfortable with initiating it just yet, but at this rate, I would be very surprised if it didn't happen sooner or later.

LegitHyperbole said:

No body ever wants war, the US tried to be isolationist during early WW2 and they simply couldn't, it came to meet them.

I'm not sure this is necessarily true. Based on my (limited) reading, US actions prior to Pearl Harbor were quite escalatory, as the US didn't just let Japan do whatever it wishes. I'm not sure I'd call that isolationist or calling the war something that just happened to come to meet them. To me, it seems like among the US leadership, it was accepted that the actions they took might lead to the US getting involved in the war.