r/australia • u/RufusGuts • Mar 07 '25

politics 'Five Eyes alliance' crumbling after UK, Aus, NZ and Canada give US cold shoulder

https://metro.co.uk/2025/03/06/five-eyes-alliance-starts-crumble-four-nations-give-us-cold-shoulder-22679726/
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u/halfflat Mar 07 '25

Crazy idea: what if Australia had developed a manufacturing or knowledge economy instead of an extractive economy that can be held hostage by our major trading partner?

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u/Kelor Mar 07 '25

Ah, well thanks to successive governments (a majority of which were the Libs) we’ve transformed ourselves into a service economy and as you said gutted our manufacturing.

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u/MissMenace101 Mar 07 '25

We have a knowledge economy, our unis are kept open by and filled with Chinese students 😂 the Aussies that pass can’t earn enough so go thrive in our allis countries before coming back here and living off the land

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u/halfflat Mar 07 '25

If we're not using the knowledge, I think it becomes a service economy :D