Russia Ukraine war, page-225471

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pete222

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18/06/24

18:01

Post #: 74375421
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Originally posted by moorookamick: ↑

The big political issues facing Aus:
(a) how to deal with china
(b) how to deal with the USA
(c) how to deal with climate change
(d) how to deal with cost of living
(e) how to deal with the housing crisis & immigration.
(f) how to kick-start manufacturing
(g) how to balance budget & pay down debt.
:
Given all of those problems, then how should Aus deal with the Ukraine War?
given that:
(1) The Ukraine war has caused inflation that has impacted the cost of living and the cost of building (d) & (e)
(2) The Ukraine has highlighted our problem of dealing with both China and the USA ((a) & (b)
(3) our strategy for dealing with Climate Change is to import more Chinese EVs, Solar Panels & Wind Turbines
. which makes is more economically dependant on China at a time when China is backing Russia (no limits)
. in this Ukrainian War (item (c)
(4) Since the GFC we have depended on Chinese trade to keep us out of recession and as this war
. continues, the US is putting more economic pressure on China and "expecting" others to follow including Aus.
. This would put even more pressure on Aus balancing the budget and the prospect of paying down debt (item G)
(5) so we rare left with kick-starting manufacturing which is not impacted by this war either directly or indirectly! #

So in Australia's best interests, the sane and economically sensible position to take on the Ukraine
war is to put Australia first and advocate peace, quick/smart ....not advocating the continuing/escalating of this war at the other side of the world which is in essence a proxy war by 2 great powers armed to the teeth with Nukes. We are not in that ball
park to be a player!
(We have heard the NATO (ie US) Nuke sabre rattling this week in response to that of Russia a few weeks ago
and Russian Nuke armed warships and a Nuke Sub visiting Cuba a week ago. .)

#Our best bet there is to copy the Chinese SEZ model with a twist:
-the object should be via optimum automation (capital intensive rather than labour intensive) to downstream
process at least 10% of our raw minerals currently exported to china and exclusively export the semi-finished/
finished products to our FTA partner countries excluding China) .

Forget about jobs, forget about expensive labour..those are 20th C concerns. Modern manufacturing is
all about Cad/Cam/Robotisation thereby minimising labour input and maximising capital & energy inputs.

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(a) how to deal with china a: don`t . just shut up and take a back seat .
(b) how to deal with the USA a: don`t . just shut up and take a back seat .
(c) how to deal with climate change a: ??? not a cloud in the sky . enjoy .
(d) how to deal with cost of living a: make electricity free
(e) how to deal with the housing crisis & immigration. a: close the door , bit late .
(f) how to kick-start manufacturing . a: free electricity .
(g) how to balance budget & pay down debt. a: kick-start manufacturing
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Russia Ukraine war, page-225471

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Russia Ukraine war, page-225471

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