Australia
Australia’s sovereign ability to manufacture nonsense
If only we could have a manufacturing facility for sovereign workers, the demand for manufacturing protectionism might not sound so silly.
Protectionism is making a comeback, and we have the same easy excuses to hurt ourselves. Or, for certain industries, launch missiles.
Shortly before the election, then-Defense Secretary Peter Dutton announced that Raytheon and Lockheed Martin would be “strategic partners” in a $1 billion Sovereign missile program.
Australia not only had to buy missiles, they had to manufacture them.
Read more about sovereign wealth, or lack thereof.
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Australia’s sovereign ability to manufacture nonsense
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