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China wouldn't nuke Taiwan, they'd nuke us.

China-conquering-Taiwan wouldn't result in nuclear war, given that of the two nations involved, only China is a nuclear power. China-trying-to-conquer-Taiwan-while-the-US-tries-to-prevent-them on the other hand...

Again, none of this matters, insofar as in event of an actual war, all these ships and planes on both sides would be blown to radioactive smithereens. Military spending beyond doomsday weapons for self-defensive MAD deterrence is a scam.

A modern war would either be an excuse to kill off problematic demographics by drafting them, steal more civil rights and give the military-industry complex a couple trillion more dollars of taxpayer money, or the nuclear apocalypse.

Nuclear missile carrying submarines. Their locations are unknown, they can launch a second strike after all land-based missile silos have been blown to smithereens and both sides have them. Nuclear war cannot be won.

Half correct. Military 'containment' of China is impossible without destroying, at a minimum, both countries if not the entirety of the world in a thermonuclear apocalypse. Yes, I already know whatever factoids about the prowess of our military and the crippling vulnerability of the three gorges...

The whole point of said exercises is the military-industry complex propagandizing that we'll lose our next war if we don't go a couple trillion more dollars deeper into debt to purchase more expensive gizmos from them, not to provide accurate tactical assessments.