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Joined: Mar 2018
My tentative analysis:
CMF/Woden are in a tough spot. It doesn't seem like CMF has the production capacity to really leverage the VA, so he'll end up drawing attention to himself which he can't back up. Plus both of them are strapped for gold, so their relative tech parity isn't as meaningful as it seems.
AD/EK have a good-looking position. AD is keeping EK aware of the mid-term strategic picture; hopefully he can keep EK focused on Cossacks, since other than raw production Germany won't have any advantage over China's faith hoard/horde. I think there's a chance EK will want to go after Woden simply from convenience.
Sullla/SB are good except for the metagame--they simply look too strong, and it might be a blessing in disguise they don't pick up the VA. I think their best long-term chance of winning comes down to them getting EK to send the Cossacks toward Woden, and the best way to do that would be to maintain a strong defense in China (either by threat or execution of the faith horde) while Sullla gets into a bloody war in old Khmer. If Sullla looks too strong, EK/AD will be forced to take them down, but if he can tie up Woden's army and entice EK to come after Woden, they have a good chance in the long run.