By Walter Russell Mead – A war over Taiwan would devastate the economies of both Asia and the globe….the most important international development on President Biden’s watch has been the erosion of America’s deterrence. The war in Ukraine and the escalating chaos and bloodshed across the Middle East demonstrate the human and economic costs when American power and policy no longer hold revisionist powers in check. Washington’s attention is understandably fixed on the threat of a wider Middle East war…. But if the erosion of America’s deterrent power leads China and North Korea to launch wars in the Far East, it would be a greater catastrophe by orders of magnitude. Read More
How China Could Turn Crisis to Catastrophe
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