Stocks, dollar down on “joined at the hip” Turnbull

by Chris Becker

PM Malcolm Turnbull is ready to send other Australian parents sons and daughters into war against North Korea alongside US forces, eschewing the usual diplomatic language by stating the bloody obvious.

From ABC:

“America stands by its allies, including Australia of course, and we stand by the United States,” Mr Turnbull told 3AW.

“So be very, very clear on that. If there’s an attack on the US, the ANZUS Treaty would be invoked and Australia would come to the aid of the United States, as America would come to our aid if we were attacked.”

“But be under no misapprehension, in terms of defence, we are joined at the hip,” he said.

“The American alliance is the absolute bedrock of our national security. If there is an attack on the US … we would come to their aid.”

Oh I’m sure Donald Trump would come and help if Australia was under threat. Sure of it. Take it to the bank, drop it off in one of CBA’s reliable ATMs.

In other news, stocks ain’t liking the Deputy Sheriff’s platitudes:

And the Aussie dollar is off, down to 78.50 as the rest of Asia takes risk off the table:

 

Comments

  1. A few weeks ago there were claims a DPRK intercontinental ballistic missile could reach northern Australia. Perhaps Turnbull felt the imperative to remind ALL of the ANZUS treaty. Turnbull does like to speak in deepened tones regarding Australia’s various security threats.

    Thinking about it, I’m not sure if Turnbull has done Australia any favours with his bombast.

    • Nothing like sending others’ sons into war. TurnBull’s own son Alex is married to a Chinese lady, so things are probably complex…

      • And Simone, if you feel the cause is morally wrong then you have the duty to refuse.

        The ADF is not a gangster-PMC, serving the whims of slavish devotion to the US or the interests of scumbag corporate Australia.

        Let us re-introduce the draft, without exceptions, and then see how the elites feel about sending their own sons and daughters as cannon fodder.

      • >The ADF is not a gangster-PMC

        Lol yes it is. So it probably should be. It’s their job to kill, not think and play politics.

        If people find that distasteful they need to step up and fix the world instead of watching the block or the ABC ninnies.

    • Simone I dont think Turnbull has much choice in it. Trump does not seem to repay loyalty well but he is ruthless on those he perceives as disloyal. And our 65yrs of relentlessly loyal service with US forces is one of the few cards we have that we cannot throw away. If we said no we might as well rip Anzus up. Would prefer Trump gave up the 3am red cordial and tweets though. I dont see how the brinksmanship ends positively. NKs have given themselves an out – detailed threat to be presented to Kim in a week for approval … which he might not … whereas the almighty negotiator has painted himself into a corner from move 1.

      • Agree that we need to repect the AUZUS treaty … but let’s make sure that everyone’s children are included in the draft process, should that be where we end up. And let’s not make one politician’s child who is already in the ADF as the poster boy/girl showing that even politicians put their family forward. This needs to be everyone.

      • Why everyone’s children when some have elected to join the military. I have no interest in direct participation. I would likely refuse deployment.

  2. bolstroodMEMBER

    Is there going to be a Plebisite?
    Are Australians going to get a say on going to War?
    If not why not?

  3. If the US is “attacked” I have no doubt we would invoke the ANZUS treaty and I have no doubt the US would do the same for us.

    However if the US “attacks” the NORKs or anyone else, I would not want us to automatically support America. Unfortunately our government would probably see it differently; joined at the hip and all that crap. They would probably justify it like they did against Iraq, via reference to shredding machines or some such crap.

  4. Local equities down, on weak lead from 1- 2% lower American Industrial and Technology stocks.

    This is the *Sale* = buy now before prices go up … that’s how it works, cretins.

    Got to know a bargain when you see one …… but, then again, there’s no pill for stupid .. guess I might be hoping for too much from these folk .. castings my pearls before swine ?

    Now what ???

  5. Rest easy, folks. I am building a rocket of my own that will reach Pyongyang with the utmost ease.

    And should there be an invasion by the NKs I have an arsenal of Nerf guns at the ready.

  6. http://imgur.com/a/ipKyk

    Australians dont want Another Vietnam war where the Americans came to Australia’s aid by showing force in the Asian region against communism.

    By what magic does anyone suppose prevented a loosely populated, non Asian, resource rich nation in Asia from being over thrown numerous times?

    I suppose we’re all civilised now and NK isn’t really an issue, it’s not like daddy china is enroaching apon India, Japan, Phillipines or anything.

    There are lines in this world, mocking Americas concerns about safety is not one you have the right to cross it’s one where you have the privilege.

    • The leftie media shaking at its urine soaked knees offers little deterance and opens the door where we might get called out on our “bluff” .

      Grow up, sometimes you got to do what you don’t want to do.

  7. “f there’s an attack on the US, the ANZUS Treaty would be invoked and Australia would come to the aid of the United States, as America would come to our aid if we were attacked.”

    I’m just a working class pleb, but I’m not entirely sure the treaty actually commits either side to aiding the other.

    • bolstroodMEMBER

      You are right to think that.
      The ANZUS Treaty obliges each signitory to CONSULT with the other signitories, in the event of one of them being attacked by an outside party.
      I am not sure what NZ status is ragarding ANZUS these days.

  8. If anyone looks at a topographical map wrt the region in question and reconciles that reality…. there will be no ground war…. ever…

  9. TailorTrashMEMBER

    and if we get a rerun of the original Korean War where Chinese troops get involved …..what then ?
    …..what I want to know is …what will it do for SydMelb house prices? ………that is the the only strategic dimension we in Straya should be concerned about …..
    …..yeh but no but !