Will status quo prevail or not?
“If the expected destruction from war rises faster than the value of controlling Taiwan, that widens the bracket, creating more and more buffer room for the status quo. Some of you will recognize this as the logic of deterrence. It feels paradoxical: arm in order to avoid fighting. The logic works, often. But often is not always. This is terrifying, because if deterrence ever failed, the resulting war is going to be a doozy.”