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Well the Security Council can't realistically do anything seeing as Russia and China are permanent members with a veto.
China is hedging its bets that by respecting sanctions but giving support and 'permission' to Russia to try and overthrow the post WW2 world order.
They can't lose either way. If Russia wins that strengthens their no limits partnership either Russia. If Russia loses they'll take advantage of its weaknesses to get cheap raw materials and investment opportunities in Russia's devastated economy.
The only way China loses is if it drags on in a stalemate for years, causing an economic downturn in the west which in turn means we import fewer Chinese goods. That's probably the reason why we're seeing Russian conscription shortly after the Russia/China summit in Uzbekistan. The Chinese have probably given Russia an ultimatum and a timeline to get it done or risk losing their support.
China might be rather busy right now sorting out this mess with Taiwan now that the good 'ole USA has started rattling it's sabre in it's imagined role as the world's police. Taiwan, though, just might turn out to be the sacrificial pawn if it means China doesn't side with Putin. It wouldn't be the first time an Asian country has bested the supposedly 'Greatest Country in the World', diplomatically and tactically.
Taiwan will never be a sacrifical lamb until the chip and superconductor supply has been diversified, and after that maybe, maybe not.
China also has its hands full with its zero covid policy and continuous lockdowns affecting industrial output, its collapsing property market and bank runs.
China has publicly stated its intention to take Taiwan by force in the next decade. The vast majority of Taiwanese don't want to be part of China. The threat of US involvement is the only thing that is currently stopping China taking it. Everyone can obviously make their own minds up whether that's a good thing or not. Am I correct in saying you think it isn't?
I notice you are two-for-two on changing the focus of posts from the death and destruction being caused by Russia's invasion of Ukraine around to a generic 'yeah but what about America?'. Yet presumably you have been happy to benefit from the the peace and prosperity North Atlantic countries have enjoyed since the US became the dominant world power?
The predecessor of the UN was the League of Nations and it failed in the 1930s because it just became ineffective and irrelevant. Nobody could agree anything, and even if they did, nobody wanted to send their troops to enforce what had been agreed.
There was no penalty for agreeing one thing with the LoN and then going and doing something completely different. The UN has been heading that way for a while, unfortunately.
Having said that, it's virtually impossible to find a framework in which 3 competing powers (I've taken out UK and France as we were only included on the UNSC in 1946 as a nod to our pre-war status as dominant colonial powers) who are jostling for position in a new world order can unanimously agree about anything important.
I'm not optimistic the next 70 years will be anything like as good as the last 70 have been for us.