While the mindless drones in the media have been celebrating the deal struck between Trump and Albanese, without having a clue about the details, we can now see that Albanese was completely played by Trump, and this “deal” will be very costly to Australia.
Under the terms of the deal released by the US Embassy in Canberra, Australia is required to invest an extra 1 trillion dollars ($1,000 billion) in the USA by 2035.
That’s $100 billion a year for the next ten years of Australian wealth that, instead of being invested in Australia to create jobs here, will instead be shipped offshore to “create tens of thousands of new high-paying jobs for AMERICANS.”
And what are we getting in return?
The factsheet released by the US Embassy states:
“The Export-Import Bank of the United States is issuing seven Letters of Interest for more than $2.2 billion in financing, unlocking up to $5 billion of total investment, to advance critical minerals and supply-chain security projects between our two countries.”
So it’s 1,000 to 5. Under this deal, Australia has to invest $1,000 billion in the US, and the US only invests $5 billion in Australia return.
Has there ever been a more one-sided deal?
This is the cost to Australia of the weak and incompetent Albanese, and selfish individuals like Rudd, who should have immediately resigned when Trump became President again.
Trump knew that Albanese was so desperate to be seen doing any “deal” and that corrupt media could report as a “success” for Albanese, that Trump could make the terms as totally favourable to the US, and the weak, incompetent Albanese would be happy to sign.
Australia has been dudded in this one-sided deal, and the hopelessly incompetent Albanese and Rudd are to blame.
And as usual, don’t expect any of this to reported by the corrupt and dishonest Australian media.
And don’t expect the hopeless weak and cowardly Liberal Party to say anything.
Donald Trump used Marxist Albanese as a pawn in his dispute with China over critical minerals, he arrived in the USA at the right time. The USA visit is the beginning of the end for Albanese Labor and Rudd, they will claim a success, while drowning in their virtual importance.
It’s just another example of how Albanese sells Australians out for his own benefit. He even concluded the meeting, not by commenting on the impact on Australians, but how he would use Trump’s graciousness to promote himself in the 2028 Australian federal election. He’s a Grub.
Albanese has sold us down the river again. He is an embarrassment. Why would we invest all that money in the USA. This is a terrible deal for Australia.
When Australian companies are desperate for investment and much money and capital is available albanese is now agreeing to send all that capital offshore leaving f Australian companies desperate for investment.