Australia commits to $3.5B tank purchase from the US(smh.com.au)
smh.com.au
Australia commits to $3.5B tank purchase from the US
https://www.smh.com.au/politics/federal/australia-commits-to-3-5-billion-tank-purchase-from-the-us-20220109-p59mub.html
https://www.smh.com.au/politics/federal/australia-commits-to-3-5-billion-tank-purchase-from-the-us-20220109-p59mub.html
MMT tells us there is no debt problem. It feels like the government only applies this logic when it's materiel.
We're going to need more C17s to move the tanks. And, spend on bridges and roads. I'm not 100% sure the threat modelling is selling this purchase to me right now any more than the nuclear subs story.