Top 4 losers (in that order) of the INDIA-PAK conflict as of now :
1. CHINA - Defence equipments/market; Strategic Deterrence down
; When INDIA responds - it has the appetite to eat a significant portion of CAKE, Not just one slice of it ( salami slicers got this very signal )
2. PAKISTAN - Nuclear bluff
; Huge Military losses ; deepening of Economic Crisis ; Internal Conflict will now exponentially increase
3. USA - Defence equipments & its ROR (rate of return) Questionable ; Global institutions (IMF) called out for supporting terrorist states like PAK ; Using PAK as a fertile ground to foster its SOUTH ASIA dominance Questioned; QUAD remains a paper warrior (a jolt to its INDO-PACIFIC strategy)
4. INTERNAL MIR JAFARS ( Within INDIA ) - Strong signalling done across the political-media-academia-corporate spectrum to align with the NATIONALIST agenda.