Does Australia need The Bomb under Trump?

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The grey beards are in a near-panicked meltdown. Paul Kelly:

The world has changed. Donald Trump and Kim Jong-un have substituted a diplomatic contest for military threats. Immediate signs suggest three winners: Trump, whose standing at home will rise after such narcissistic deal-making; Kim, whose tactical cunning has generated more options for North Korea; and China’s Xi Jinping, now being offered strategic gains he will surely pocket.

The Singapore summit takes Trump’s showmanship to a zenith. In smashing the decades-long political freeze on the peninsula, Trump and Kim, unconventional disrupters in different ways, have created a new paradigm — a declared US-North Korea collaboration that, if successful, means a US military retreat from northeast Asia.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.