When the whole Iran debacle (AKA War) started, my immediate, and seemingly correct analysis was "This was really to screw over China". And I still think that was the intent.
However, turns out, China is way better prepped for this; huge diversification & 4-6 months stockpile...
I noticed in an unrelated video that China's been offloading US bonds for a long time now, they've also been buying gold like crazy.
A lot of economists suspect two massive things that can't yet be confirmed: They already have way more gold than they say, and way fewer people. Could get verrrry interesting