At the end of my well-received Harmony at Gunpoint post, I wrote:
The main risk for the world, I think, is a military one. As long as consumerism – – the new opiate of the masses in China – – continues to thrive, then all will be well. But, for whatever reason, if a long-lasting global financial crisis takes hold, and prosperity in China falters badly, then Xi will take the route any self-respecting dictator would take: he will divert the attention of the masses to a common enemy, outside the confines of the Middle Kingdom, and create war. And that is the greatest risk of all.
Coincidentally, the graphic below just came out. Yikes.