The World is Becoming Ever More Dangerous
News flow over the past week or two has been dominated by politics on many levels, most of it being notable for the extremism being inflicted on us. Domestically we are in the lead up to a Federal election with the debate being predictable and uninspiring. Many of us hope that the inept Albanese government will be given its marching orders. However, the rise of noisy minority voices once again is obstructing sensible government. The ridiculous statements by former Labor Senator Fatima Payman saying that Iran is a wonderful country for women, immediately causes us to ask whose payroll she is on. She has since back peddled.
Next we look at the international stage and we see the delusional state of Trump's mind when he declares that Ukraine started the war and calls President Zelensky a dictator while befriending Putin, the greatest dictator since Hitler. It is no wonder Europe is worried. Wanting to turn Gaza into a new Las Vegas is the sort of statement that should have Trump sanctioned.
In seeking to commercialise America's aid to Ukraine, Trump has become fixated upon doing a deal to access Ukraine's rare earths and other resources. In doing so he is making the same mistake that fooled many stock market investors. Rare earths are not rare. The world is awash with companies promoting their rare earth projects. What is far more significant is the shortage of Western downstream processing, which China has got in a stranglehold. Resources in the ground mean nothing in the absence of downstream processing capability.
However, the likelihood of a Ukraine/USA deal on the rare earths suddenly looks unlikely following the unprecedented outburst by Trump and Vance again Zelensky in the White House last night. It was the most un-presidential and immature outburst we have ever heard with Trump spouting out utter tripe while his attack dog, Vance, was targeting the man as opposed to the issues. It is incredible that such a psychotic duo is leading the USA. Add this to the USA siding with Russia and North Korea in the UN last week and we can only be very worried. The World is becoming even more messed up than it was before.