John Fedup
The Bunker Group
Please note my location. On occasion Canada even makes Indian military procurement look good. We can fluster cuck better than any other 5-eye or EU member and have the record to prove it.
Tacticos CMS though with COMBATSS-21 like the future FFG(X) would be an interesting package for the neighbourhood we are in.Could be a future contender for the RNZN replacement being @ 5700T alot bigger than the current ANZACs with plentry of room to grow.
Hang on a minute John. How about NZ we virtually don't do any procurement - in fact last decade everything we did buy was basically rubbish not to put too finer word on it - not really any runs on the scoreboard at all ... at least you guys organised yourself enough to make a decision on the C-17 and C-130J when the opportunities arose.Please note my location. On occasion Canada even makes Indian military procurement look good. We can fluster cuck better than any other 5-eye or EU member and have the record to prove it.
Everyone headed down different tangents - the US into its LCS cul-de-sac- for example the RN into its GCS.With regards to the RN, UK industry and Whitehall, they really should be doing some soul searching. If the Type 26 design had been sorted much earlier and if ships were starting to enter the water a couple of years ago the chances for the design being selected by other 5 eyes would be higher. That’s a potential for 40-45 ships along with whatever the UK orders.
Give It too the RAN as an ASW carrier with secondary amphibious role like an enlarged CavourThat is encouraging and it at least promises a way forward for the RN.
Unfortunately though your suggestion of a third QE would result in no escorts at all despite increasing the escort requirement by a dozen more hulls!
I would not quite say the US economy is under a state of decline John as there are a reversal of economic fortunes - growth is likely to exceed 4% and coupled with improving employment numbers it is heading in the right direction. It is resilient and even its largish government debt ratio it is 20% less than its 1946 height. Both its major global geo-political rivals possess significant economic challenges concerning debt. One of the interesting things that is emerging and not understood is the US powerplay which is the reseting global trade - because it has to - as so to avoid future decline. Its rationale being the worlds largest and most diverse economy is not benefitting from global trade (a net trade loss of $800B per annum) yet is paying the lions share for maintaining the peace and security of those global trade routes. The EU is squealing due to tariffs but they collectively spend just €200B across its 28 member states on Defence of which 45% or €90B is spent by just France and the soon to depart the UK. The message being that the free lunch is over and that defence and trade are not mutually exclusive. Are you listening Mr Trudeau, Ms Ardern and Mrs May?With US economic power in decline,
I would also include the +Asian 3 allies (RoK, Japan and Singapore) in this and not just an "anglosphere" defence technology, R&D and manufacturing group.the US may view FVEY projects as a more affordable route in the future in order to maintain a defensive edge. Certainly the other members would benefit as well. We can only hope.
In 1946 the US had no major economic competitors of note and represented 60% of the world's manufacturing capacity. It was much easier to pay down that government debt ratio then. Today the growth is encouragingly sight but the deficit spending continues with no end and then there are the huge entitlement payouts that will be occurring in the next 20 years. The USA today represents about 25% of the world economyI would not quite say the US economy is under a state of decline John as there are a reversal of economic fortunes - growth is likely to exceed 4% and coupled with improving employment numbers it is heading in the right direction. It is resilient and even its largish government debt ratio it is 20% less than its 1946 height.
Just about the entire world is awash in debt. Russia and China do have some significant issues.Both its major global geo-political rivals possess significant economic challenges concerning debt.
How much of that trade imbalance is of their own making? US business has moved a tremendous amount of manufacturing overseas and these products of US corporations then become imports. Then there is the issue of huge cash reserves these companies have offshore.One of the interesting things that is emerging and not understood is the US powerplay which is the reseting global trade - because it has to - as so to avoid future decline. Its rationale being the worlds largest and most diverse economy is not benefitting from global trade (a net trade loss of $800B per annum)
True enough and clearly Germany is a huge part of the imbalance despite being Europe's biggest exporter.yet is paying the lions share for maintaining the peace and security of those global trade routes. The EU is squealing due to tariffs but they collectively spend just €200B across its 28 member states on Defence of which 45% or €90B is spent by just France and the soon to depart the UK.
The Steel and aluminium imports are a threat to US security so we are applying tariffs. Trump claims he is a salesman but BS like this won't win any sales. A straight up approach, either spend what is needed or we will impose tariffs to use towards offsetting our defence burden looking after you would be a better approach. As to who is listening, May has no money, Trudeau is almost in the same boat and I don't know about Ardem.The message being that the free lunch is over and that defence and trade are not mutually exclusive. Are you listening Mr Trudeau, Ms Ardern and Mrs May?
YesI would also include the +Asian 3 allies (RoK, Japan and Singapore) in this and not just an "anglosphere" defence technology, R&D and manufacturing group.
Historically quite a lot. Since the Reagan era and particularly during the Clinton era manufacturing offshore rose dramatically. Trump has been forcing them home particularly from Mexico. That pressure play was the first chess piece move.How much of that trade imbalance is of their own making? US business has moved a tremendous amount of manufacturing overseas and these products of US corporations then become imports.
Which are providing a fair bit of liquidity and resilience in global markets and quite a bit of it (100s of billions) is held within US controlled Private Equity groups which are now going to be taxed by the aptly named GILTI “global intangible low-taxed income” levy. It is carrot and stick methodology. Come home to lower taxes or face bigger penalties like GILTI.Then there is the issue of huge cash reserves these companies have offshore.
It will be interesting to see how Germany is played.True enough and clearly Germany is a huge part of the imbalance despite being Europe's biggest exporter.
Subtly is not Trumps best characteristic. The tariffs are as always a negotiation tactic which leads from the best position and demonstrate that you will do what you mean to. Like a bucket of cold water been thrown in the face or the making of an offer you cannot refuse. Often with carrot and stick tactics the stick is waved around first then the carrot.A straight up approach, either spend what is needed or we will impose tariffs to use towards offsetting our defence burden looking after you would be a better approach.
May and the UK will find itself in a fairly lonely place if the EU plays Johan no mates post Brexit, and the US and the commonwealth really not caring about it or needing it. It will need to start looking like a "power" again if it wants to maintain any influence. If it wants to be a global player in trade then it is going to have to do better than possessing a 1/3 of say Japan's surface combatant fleet for a start. Ms Adern ... imagine Juniors little sister.As to who is listening, May has no money, Trudeau is almost in the same boat and I don't know about Ardem.
No, at least not economically. The Indians are licking their lips at the prospect of dealing with the UK outside the EU, as they're sure that they can get better terms from 65 million people desperate to sell abroad because of a big balance of payments deficit than >500 million with a healthy balance. They've been talking a lot about the concessions they expect to get.... India? Pakistan? Boris is going to hit them up under the banner of the commonwealth? I think they would rather deal with the EU....
I don't know what they'll get, but it shows the general attitude of the UK's trading partners outside the EU to what Brexit means for them. The dreams of the Brexiteers definitely aren't going to come true, but nor are India & the like going to give the UK the cold shoulder for being outside. They see it as an opportunity to put the screws on us.Will the Indians get these concessions? Even if they do, how long will the UK have to wait for a firm order?