Here is a catastrophe story that I did not know about until getting the News.com.au article in my newsfeed, that there is world shortage of urea, a key ingredient found in diesel exhaust fluid (DEF), known as AdBlue. It is also a component in fertiliser. There is a worldwide shortage because like rare earths, from the wonders of free trade, communist China supplies around 80 percent of Australia’s urea, but the commos have now banned the export of urea, no doubt to show Aussies who is boss.
This ban will have a major impact upon everything, since it will hit the transport and trucking industry, hard. Clearly, in a world moving towards flames, there is no longer the niceties of beliefs in myths such as free trade and comparative advantage. Australia needs economic independence, so let what is coming be our hard lesson.