Comments by "Valen Ron" (@valenrn8657) on "Defence to accelerate strategic purchases" video.

Let's not forget ANSTO centrifuge enrichment technology was defunded by Bob Hawke / Paul Keating's Labor government in the mid-1980s. Paul Keating created the weak-toothpick capability.
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@coal_man Australian gas and coal can be converted into a hydrogen-based economy. A Japanese-Australian consortium began converting brown coal into liquid hydrogen as part of a $500 million pilot project at AGL’s nearby Loy Yang A power plant. It plans to create hydrogen through the gasification of Latrobe Valley coal before its transport to the Port of Hasting for liquefaction and shipment to Japan. Most Australian hydrocarbon deposits are either coal (non-liquid) or gas (short-chain hydrocarbon). Fracking would be needed to extract dry hydrocarbon deposits into liquid or gas.
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@bretloyd8097 24th of Dec 2021 Dr Cat Dorey of Australian Marine Conservation Society is against a plan to search for oil and gas near Rowley Shoals in north-west Australia is “reckless” and will put one of the world’s healthiest reefs at risk. The area is an isolated archipelago of reefs home to three atolls – Imperieuse, Clerke, and Mermaid – that lie 260km off the coast of the Kimberley in Western Australia. Leftist news media (e.g. Turdbull's Guardian AU) promoted Dorey's arguments.
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@concernedaussie1330 Australia should buy its own nuclear-powered submarines as a large stealth platform for "other" future weapons, perform long-range shadow escorts, the long surveillance endurance, long-range stealthy reposition and 'etc'. Australia has a 34,000 km coastline and there's no AIP-equipped submarine design that can cover 34,000 km range while deeply submerged. Australia does not have defense treaty with Taiwan, but Australia supplies raw materials to Japan and South Korea, hence Australia needs submarines with long-range shadow escorts capability to enforce its own freedom of navigation.
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@concernedaussie1330 A significant amount of Australian superannuation are being invested in high-rated government bonds as a conservative investment setting which enables a significant amount of borrowings, but it has its limits. US's inflation is based on increase fuel price (e.g. blame Biden's green policy position) and excess money printing i.e. US pension funds have limits. Unlike the US retail bank deposits, the Australian has retail bank deposits are underutilized due to regulatory protections. The US already using its retail bank deposits potential.
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Feelings are useless without the means to implement them. Words are cheap.
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Russia was against Australian interest in Antarctica i.e. Australia enlisted EU support against Russia and China.
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Most Australian fighters and bomber aircraft in the past are imported IPs and they were manufactured locally. Australian nuclear bomb tests and ballistic missiles are joint R&D programs with the UK, hence not much different from AUKUS. For AUKUS, the UK needs US approval to re-export UK's micro-reactor tech to Australia.
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@concernedaussie1330 >we are in a rising inflation period right now . Australia's inflation rate timeline 2008 = 4.35% 2009 = 1.77% 2010 = 2.86% 2011= 3.3% 2012 = 1.71% 2013 = 2.48%, Rudd's Labor government lost the election. 2014 = 2.49% 2015 = 1.49% 2016 = 1.28% 2017 = 2.0% 2018 = 1.93% 2019 = 1.57% 2021 = 2.59% Your narrative is wrong. Don't apply foreign issues to Australia.
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@concernedaussie1330 You claimed, "we are in a rising inflation period right now".
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@concernedaussie1330 >the military spending According to WTO rules, national security-related spending with local offsets is allowed. Australia doesn't have CHina's promise exception loophole.
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@concernedaussie1330 Australian government budget is spent mostly on welfare and military sending is minor.
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@concernedaussie1330 According to the Bank for International Settlements, China’s debt to GDP ratio reached 257 percent in 2017, higher than the United States’ 152 percent China has a bad US debt addiction copy. There's nothing magical about China's rise to power... it's US-style debt addiction done badly.
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@concernedaussie1330 >the defence of this nation is paying heavily for that Australian federal government expenditure by function from APH For Y2021-22 estimate in AUD Social security and welfare = $201.7 billion Health = $90.3 billion General revenue assistance = $71.2 billion Education = $41.5 billion (State governments has their own budgets for education) Defence = $35.4 billion. ($25.59 billion in USD) , All other expenses = $92.6 billion Source: Australian Government, Budget Strategy and Outlook: Budget Paper No. 1: 2020–21, Statement 6: Expenses and Net Capital Investment, p. 6-49 and Australian Government, Final Budget Outcome 2019-20, p. 12. Defence spending timeline in AUD 2018-19 = $30.8 billion 2019-20 = $33.2 billion 2020-21 = $34.4 billion 2021-22 (e) = $35.4 billion 2022-23 (e) = $37.1 billion. Australian spending for defense is comparably minor.
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@concernedaussie1330 >All’s fair in love and war . China doesn’t give a dam & they are laughing at us. Treating us like the fools we are. China's policy goals are aided by Clinton cultists.
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@concernedaussie1330 >Besides they already have a intimidating military. We have nothing. What's your argument position? Are you arguing for Philippines or NZ style zero airforce and minimal naval mililatry? Feelings are useless without the means to implement them. Words are cheap. Many leftists in the west haven't learned from zero airforce equipped the Philippines vs well-armed China.
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@concernedaussie1330 From illistowerswatson Global-Pension-Asset-Study-2018-Japan pdf Nanny state forced savings (aka pension funds) vs GDP ratio Australia: 138.4 percent US: 131.2 percent UK: 121.3 percent Canada: 107.8 percent ... Japan: 62.5 percent China: 1.5 percent EU Netherlands: 193.8 percent Ireland: 48.2 percent <----- PIIGS Germany: 12.9 percent, Italy : 9.6 percent <----- PIIGS France: 6.5 percent Spain: 3.3 percent <----- PIIGS Netherlands is a small country with GDP of $909 billion USD.
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