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Posted: 2025-04-16 12:34:41 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-04-16 12:35:18 UTC
Verified By
Rollup News
Ian Easton, a professor at the Naval War College and a leading expert on Taiwan in the US military, suggests that a Chinese invasion of Taiwan could trigger a 21st-century-style Great Depression.
A conflict in the Western Pacific due to the Taiwan issue would cause Asian GDP to shrink by 25%.
US GDP would decrease by 10% to 12%.
Unemployment rate would be 7 to 10 percentage points higher than the baseline.
An additional 500,000 people may die due to despair.
Potential military conflict in the Western Pacific.
Economic recession in Asia and the United States.
Increased unemployment rates.
Potential for significant loss of life due to despair.