Some analysts are sure drumming up the severity [0]. In the fog of war, it is hard to tell what's exaggerated and what's not. The proposal by the current US Admin to increase defence spending by 40% to $1.5t is not a welcome sign for those opposed to heavy spending, for any number of reasons.
[0] https://shanakaanslemperera.substack.com/p/the-last-molecule... / https://archive.vn/5H0L5