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Pentagon, Chinese analysts agree US can’t win in Taiwan Strait — David P. Goldman

Summary:
US mulls ‘scorched earth’ strategy for Taiwan instead of defense…The United States will enact a scorched-earth policy in Taiwan, destroying its semiconductor industry, if the PRC seizes the island, former Trump national security adviser Robert O’Brien told a conference at the Richard Nixon Foundation on November 10, reports army-technology.com. “If China takes Taiwan and takes those factories intact – which I don’t think we would ever allow – they have a monopoly over chips the way OPEC has a monopoly, or even more than the way OPEC has a monopoly over oil,” O’Brien said. A much-read paper by two Army War College professors published this year proposes that “the United States and Taiwan should lay plans for a targeted scorched-earth strategy that would render Taiwan not just unattractive

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US mulls ‘scorched earth’ strategy for Taiwan instead of defense…
The United States will enact a scorched-earth policy in Taiwan, destroying its semiconductor industry, if the PRC seizes the island, former Trump national security adviser Robert O’Brien told a conference at the Richard Nixon Foundation on November 10, reports army-technology.com.

“If China takes Taiwan and takes those factories intact – which I don’t think we would ever allow – they have a monopoly over chips the way OPEC has a monopoly, or even more than the way OPEC has a monopoly over oil,” O’Brien said.

A much-read paper by two Army War College professors published this year proposes that “the United States and Taiwan should lay plans for a targeted scorched-earth strategy that would render Taiwan not just unattractive if ever seized by force, but positively costly to maintain.”

“This could be done most effectively by threatening to destroy facilities belonging to the Taiwan Semiconductor Manufacturing Company, the most important chipmaker in the world and China’s most important supplier.”...

Asia Times
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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