Originally posted by moorookamick
It takes at least a decade of well funded R&D to produce a nuclear weapon let alone enough to defend Australia and nuclearise our subs.
We missed the boat in the 1950 when the UK was testing its warheads I'm Maralinga SA.We stood by like zombies watching as we did
stand by and watch the Japs buy our iron ore , coking coal, base metals in the 60s & 70s followed by the South Koreans & Chinese.
and then flog us manufactured products which we can't live without!
Like that Jack Lemon film : "we like to watch" and we are still watching!
For those who think that there is not an economic war happening between the US and China, just step back and have a think.
Since its inception, the CIA has been battling Communism. During the 20C that has been obsessed with sinking The USSR,, South American & African regimes (some masquerading as Socialist- they even had a go at poor old Geoff for God's sake!) and of course China now and then.
The US doves were prepared to do watchful-waiting in the hope that the industrialisation of China would ;lead to the emerging Chinese Capitalist/
Industrial giants debunking the Communist Party. This hope was scotched by the current Leader XI who is there for life and who has drafted
a plan to join the world (excluding the USA) by a Belt & Road massive economic project; the biggest ever.
Since we don't know what the current Russian regime is, we are left with China who is arguably the biggest historic threat to US capitalism
because of the Chinese GDP rapidly approaching that of the USA. Adjusted for $ buying power in both jurisdictions, China has passed out
the USA two years ago, hence, IMO, the Tump anxiety re China. China's 2025 Mad in China is a defacto target for China to surpass the US
in actual GDP.
Some say that once China hits this yardstick it is game on.Obama, God love him, has managed to undo the Nixon strategy of seperating Russia & China , by imposing economic sanctions on Russia which has re-united Russia & China through economic necessity: Russia needed a non-western market for its oil & gas & China needed cheap oil & gas to sustain its economic growth above 6% and reach its 2015 objective
Questions to consider:
Will the US aggressively try to protect its economic dominance by force?
Will the USD be still the reserve currency by 2025?
These are questions we should be positioning ourselves to address now; not "watching" until 2025
We simply afford the economic voyeurism of the past nor can we afford to subscribe to a dodgey notion of "a free market which obviously neither
the US or China subscribe to; China with its command economy and the US with its Trump tariffs.
We need a Government that leads, not follows.
PS: What has happened to the HC edit button? I needed to correct date errors above
