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$A billions in: Is AUKUS a Ponzi scheme? | The Australian Naval Institute
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$A billions in: Is AUKUS a Ponzi scheme? | The Australian Naval Institute
By Peter Briggs* Australia is pouring billions into US and UK submarine industries while both countries struggle to meet their own naval needs. The risk is that AUKUS leaves Australia without the submarines it was promised. (From: Pearls and Irritations.) A classic Ponzi scheme relies on early investors putting up hard cash to sustain a […]
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