By Jo Nova
In terms of civilization, Niall Ferguson is speaking simple maths. The arithmetic of resources. Something which is almost never said.
Niall Ferguson:
“For an enormous island that is thinly populated, with enormous resources — for such an island to be ill-defended seems like the most spectacular folly…
Empires, at some level, are about acquiring commodities at below market prices, or at least not trusting to the market to supply you — not to be at the mercy of the market, or the mercy of a navy, the US Navy, which China currently is.
To have security China cannot be dependent on imported commodities and market prices, when you think about what that implies for Australia, its really quite scary…
Australia is a prize…
“If you want Peace, prepare for War.
If you want War, act like it will never come. Allow your defense capability to atrophy.”
The lucky country needs to prepare
The rulers of China would be irrational not to want more land to feed people, and control of more resources. Australia has […]
Recent Comments