Beijing’s leaders now speak ominously of “re-taking” Taiwan by force or refusing to “tolerate” the status quo much longer. Pundits on every side wonder openly about the possibility of a shooting war or all-out invasion.
But why would a country like China – the world’s second-largest economy by GDP – with so much to lose, push the situation to the brink? For that matter, why would the U.S., with even more to lose, rush in headlong?
The answer is surprising… And it’s got nothing to do with what you hear about on the news.
This post appeared first on Money Morning – We Make Investing Profitable.