Capital war is a clear and present danger

January 23, 2022

The real conflict between east and west is being fought with money, not guns. So why hasn’t China been able to dethrone the almighty dollar?

“Money makes the world go around” sang the incomparable chanteuse Liza Minnelli in her 1972 musical film hit Cabaret. The founder of the storied Rothschild banking dynasty said much the same thing nearly two centuries earlier but in words that have profoundly shaped the structure and power realities of the international financial system. “Permit me to issue and control the money of a nation, and I care not who makes its laws,” opined Mayer Anselm Rothschild in 1790, a year before the establishment of the First Bank of the United States.
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China’s threat to the US makes us a power player

March 12, 2021

There’s a seminal shift underway in Australia’s relationship with the US based on mutual need and Morrison’s determination to act more forcefully.
Originally published in The Australian.

In a historic geopolitical shift, ­Australia is emerging as a key ­alliance hub and partner for the US in Asia as the Biden administration moves to reshape and strengthen its military to meet China’s growing challenge.
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Credit Biden’s bid for united states of democracy

March 10, 2021

Originally published at The Australian

Uniting democracies in defence of shared interests and values will be the cornerstone of US President Joe Biden’s foreign policy, showcased by his ambitious Summit for Democracy, to be held later this year. Biden wants the gathering to “bring together the world’s democracies to strengthen our democratic institutions, honestly confront nations that are backsliding, and forge a common agenda”. Read more

Only a resilient democracy could have survived the mob violence

January 11, 2021

Does Donald Trump’s act of constitutional vandalism in inciting mob violence presage an end to America’s greatness or the rebirth of a country that has lost its way? After last week’s unprecedented scenes of mayhem and wanton destruction in Washington’s Capitol building, the notion of a rebirth seems far-fetched. Worse could follow in the waning days of his presidency if Trump gives full vent to his vindictive nature by inflaming his hardcore supporters or initiating an international crisis. Without bipartisan support, impeachment risks turning Trump into a martyr and further polarising the electorate.
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US-China decoupling and the eve of economic destruction

October 9, 2020

This year will go down as the century’s worst if measured by the disruption, misery and strife that has marked the Year of the Rat. There seems no end in sight to the cascading series of crises afflicting millions of people around the world. Even those with no religious bent must wonder whether the Four Horsemen of the Apocalypse have been let loose as drought, wildfires, hurricanes, floods and pestilence continue to wreak havoc. Read more

Trump wants an ‘alliance of democracies’ to oppose China

July 24, 2020

“The difference between this cold war and the last one is the alignment and bifurcation are a lot more fluid,” said Alan Dupont, a leading Australian security strategist. “It’s a far more interdependent world now, and a lot of countries will not be in a single bloc. They’ll want to straddle both.”
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The US-China Cold War Has Already Started

July 8, 2020

The clashing geopolitical ambitions of the two states are fueling a rivalry that could be even more dangerous and consequential than the original Cold War.

The rift between the United States and China threatens to become a chasm. Barely a day passes without some tit-for-tat exchange of barbs, accusations, or actions designed to make life difficult for the other country or to trumpet the superiority of their respective political systems.
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World feels the chill of another cold war

May 23, 2020

Op-ed by Paul Kelly, Editor-at-Large for The Australian, in response to The Center for Independent Studies, Analysis Paper 8, May 2020, MITIGATING THE NEW COLD WAR: Managing US-China trade, tech and geopolitical conflict, by Alan Dupont

Four months into the COVID-19 crisis, the world and Australia confront a worse problem — the ­descent into a version of cold war between the US and China, many years in the making but now apparently sealed in the great-power animosity unleashed by the virus.

The virus will be conquered by scientific, rational and logical public policy. But such elements are absent on the US-China front where Donald Trump and Xi Jinping have tipped each other into a confrontation neither seems willing to abandon, with escalation the most likely result.

The coronavirus pandemic that recognises neither nationality nor ideology should have brought the leading powers into co-operation but the opposite has happened — the threat to humanity has exposed the true descent in the US-China crisis. The warning lights are flashing on emergency.
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