Why does Australia need $1tn worth of submarines?

Reply to this note

Please Login to reply.

Discussion

To enter Neuschwabenland

Will they ever ship?

I’m factoring in for price overruns but you make a v fair point!

I heard it's $300 billion over 30 years. So if that's how you understand it, you are factoring in a little over 3x... My, you are bullish on the State! 😜

It's the price of protection.

It's a racket.

Imagine the protection $1tn of #bitcoin would buy instead!

A lot, but who would hold the keys, the government we don't trust?