The Forum > General Discussion > American Financial Colonialism
American Financial Colonialism
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You asked why would any Aussie be interested in the
US.
Well for a start the US-Australian treaty alliance
has been the bedrock of Canberra's defence strategy
for decades. Australia is the only country in the
world to have fought alongside the US in every
major conflict since WWI.
In his 2014 book, "Dangerous Allies," former Australian
PM - Malcolm Fraser argued that while an alliance with
the US may have been beneficial during the Cold War, the
new reality was Australia needed to focus on establishing
greater independence in the Asia-Pacific region. He
argued that Australia needed to end its "strategic
dependence" on the US, because the rise of China and
rebalancing of world power out weighed the benefits.
Fraser warned that as America's southern "linchpin"
Australia would be vulnerable if the US went to war in the
Pacific.