I wonder how long a nation, that has a growing beyond unsustainable national debt, can continue to stock the fires of world crisis after world crisis before desperation leads to taking the entire world down with it?
Maybe that’s the deliberate intent.
A few years ago, I read a similar analysis of Greece. Since independence from Turkey, Greece has been dependent on the support of the Great Powers. After the Cold War, that support evaporated. Whence Greece?
In this case, the crisis is of Chinese manufacture. A. The Taiwan issue. B. The ownership of the South China Sea (or the “West Philippine Sea” according to Filipinos).
Either goal will lead to global disruption of trade and a Chinese throttling power over all the states of the area. These will not go down without a fight. This is on its own a recipe for world War.