Should Taiwan Trust the US? | David Woo

The biggest loser of Nancy Pelosi's visit to Taiwan are the Taiwanese people who face (1) an increased risk of a war with China and (2) losing their economic crown jewel to the US. Does the US really have Taiwan's best interest at heart or does it see Taiwan as just a pawn in its rivalry with China? The stock market views the fact that China did not intercept Nancy Pelosi's plane on rout to Taiwan as a sign of weakness. More likely Beijing is waiting for a decisive turn in the Russia Ukraine war before it responds to the latest US provocation. Zelensky's so far unsuccessful offensive in Kherson is the last chance he has to maintain US support. Financial markets are not prepared for the risk of the US-China Cold war turning hot as we approach the fall. A former top-ranked Wall Street global macro strategist tells it as it is. You may not agree with everything he says but he will make you reassess everything you thought you knew.

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