We are obviously in a wedge:
We have elected to be "all in" in the US camp
while at the same time critically overdependant
economically on China . Some say we're on the
highway to economic disaster.
The article below is interesting, IMO, because
it advocates a resolution...that is drop the RBO
and go with the flow:
https://johnmenadue.com/collision-course-the-national-defence-strategy-and-the-china-russia-joint-statement/We have been in this jam since the GFC , yet we sleepwalk
into economic strife on the assumption of "she'll be right"
But of course that's political and economic sleepwalking.
This Ukraine War has simply accelerated the inevitable:
..a move away from the RBO to a bi-polar world and de-dollarisation;
the glue that held the RBO together.
