It's totally possible China takes Taiwan. Kyle Bass is on CNBC right now saying that it is a scary probability. I agree.
As for whether Putin had a blessing, not so sure. This is a disaster for western Europe in terms of diplomacy and gas prices.
Although Germany hasn't really said or done anything, so maybe they're OK with it
@DAiDEViL
EDIT: Jim Cramer just said on CNBC that he's selling oil and this all will be short lived. FUCK! It will be the opposite now.