October 11, 2021
An Associated Press article said China has sent a record number of military flights near Taiwan, an island nation that it claims as its own. Taiwanese defense forces scrambled in response to the flights, raising fears that “any misstep could provoke an unintended escalation,” AP said. Defense analyst Euan Graham said the flights included bombers, fighters and early warning aircraft. “[I]t looks like a strike package,” he added. The Washington Post said the flights come as China faces a challenge from a new defense pact between the U.S., Britain and Australia. In addition, the U.S. promised to support Taiwan in the 2022 Defense Authorization Act. China labeled that promise “playing with fire.” Its aggression is typical of a long-term bear market, as the Shanghai Composite Index continues to trade below the all-time high it established in 2007. For a socionomic perspective on growing hostilities in Asia, read “Tension Growing in South China Sea.”
If you look closely, you can see patterns in social mood that help you predict social trends. Learn more with the Socionomics Premier Membership.
The Socionomist enables you to see trend-shaping waves of social mood, as reflected by the stock market — and capitalize on them. The June issue looks at phases of social mood and features a “Research Roundup,” which highlights five academic studies that shine a light on important aspects of socionomic theory. Mood Riffs topics include “quiet luxury,” loneliness, the Writers Guild strike and efforts by countries to trade in currencies other than the U.S. dollar. Read the June issue when you become a Socionomics Premier Member.
