Dan Grazier, a senior fellow at the Stimson Center and former Marine, shares insights from his report, 'Rethinking the Threat,' arguing that a Chinese invasion of Taiwan is unlikely. He explains how his on-the-ground research and observations led to this conclusion. Discussions include the defense industry's role in threat inflation, Taiwan's defensive strategies, and the operational challenges of an invasion. Grazier also highlights China's internal vulnerabilities and advocates for a strategic reappraisal in the U.S. to ensure effective defense.