Australia has built a $368 billion cargo cult and called it strategy. The AUKUS Caucus offers money, bases and sovereignty in exchange for submarines that do not exist, built by shipyards that cannot deliver, on timelines that belong to fantasy. The only thing arriving on schedule is the bill.
Anthony Albanese flew to Washington to secure Australia’s critical minerals supply chains. He returned having signed away control of them. In the Cabinet Room, Trump publicly humiliated our ambassador moments before signing an $8.5 billion framework built on Letters of Interest, aspirational price floors, and submarines that may never arrive.
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