Beijing is spending big in order to “de-risk” itself from Australia in a move that could cripple Aussies.
Beijing is spending big in order to “de-risk” itself from Australia in a move that could cripple Aussies.
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China is Australia's largest trading partner, both in terms of total volume and trade balance. Despite this they join military alliances against China and fester rabid Sinophobia among themselves. It is not suprising considering that Australia is an American vassal state but I wonder what the consequences of this will be in the far-future.
US is forcing Australia to destroy their economy the same way as Europe. I think the goal from US perspective is to create a bloc and force the countries in their bloc to cut off trade with China and Russia, which ultimately forces them into dependency on US. And this is being accomplished through a combination of political pressure and military dependence.
Just sanctioning Russia created so much instability. I feel if they try this with China they are instantly gonna become third world countries.
For sure, Russia is an important commodity exporter globally, but China is absolutely essential in terms of manufacturing. There's no replacement for China, and I completely agree that economic situation would deteriorate very rapidly if China was cut off. That said, US might see this as a positive because it will create cheap labor markets it can exploit.
Much as how WW2 offered a reset on capitalism by destroying a lot of the means of production and allowed a struggling capitalism a shot in the arm, doing this, creating all these cheap labor markets (and it's working to do a bit of that at home with inflation and all that's going on, high rents, etc) will likewise give US capitalism a shot in the arm, more time to defeat China. It's a cold-blooded but rational plan assuming it is a plan and it could be.
And as long as the proletariat of the western world is complacent, blames China and Russia and maybe an inept long-departed figure-head of government and buys the anti-communist propaganda (or hijacks communist aesthetics with reactionary social pushes to drive people away) I fear we are still many decades away potentially from seeing socialist movements genuine socialist movements in the west gain any power if this type of thing works.
I think that's basically the logic, how viable it's going to be given utter lack of social cohesion in the west is to be seen. I think the most likely scenario is that the west is going to be at each others throats within a decade.
Australia is joining a military alliance against China with China to protect it's trade routes with China from China
but I wonder what the consequences of this will be in the far-future.
Ever seen the documentary series known as "Mad Max"?
If that's what it takes to decolonize the place, I can't claim I'd be entirely against it.