- First Name
- Dec 21, 2019
- Reaction score
- 04 Tacoma, 23 Cybertruck
Stop watching Fox news! Trade deficits are only possible between countries if 1 country desires to purchase security by holding cash from the other country. It isnt a sign of USA weakness that China chooses to hold Dollars. Indeed it makes China an investor in the USA. If China didn't want dollars it would let the Yuan appreciate in value against the dollar and Chines goods would become more expensive and American goods conversely less expensive ergo no trade deficit.Not as much as we in the West need China it seems. Trade deficits are telling, Australia has next to no manufacturing capablity anymore. Without wafers everyone in the West is stuffed. Australia has its own perspectives of course, we're also of interest if Indonesia doesn't come first, 100,000 ferrys and largest southeast army. The whole cancellation of the French submarine deal and taking on the US/UK nuclear powered subs instead was a deterrent move, there's no doubting that. It's handy to have a platform that can also launch nukes if we need too.
Australia barely has a soldier for every mile of coastline. We're like a smorgasbord of resources and our borders have been protected by others since our foundation through the empire and then commonwealth. Now that our head of state died today there will be renewed call to make Australia a Republic, and with it will go our last percievable defence. Europe is busy, USA is fighting itself more than anyone else willst being invaded by southern parts of the Americas, who's left on the world stage to play policeman, especially now after pandemics and co where everyone is still in recovery?
Hey at least it will get all them darn doll bludgers off me beach! Time to learn Mandarin mate. Lol
I think China perceives ANZUS as more formidable than it does the Commonwealth.