Sea Control 287 — Small Wars and More with Dr. Mark Folse

By Walker Mills

Historian Dr. Mark Folse joins the program to talk about Marine Corps history during the early 20th Century and his recent essay in Naval History Magazine, “Never Known a Day of Peace.” The discussion covers Marines in the Spanish American War, the Philippine Insurgency, interventions in Cuba, Nicaragua, Haiti, Mexico, China, the Dominican Republic, and their enduring relevance.

Download Sea Control 287 — Small Wars and More with Dr. Mark Folse

Links

1. “Never Known a Day of Peace,” by Dr. Mark Folse, Naval History Magazine, August 2021. 

Walker Mills is Co-Host of the Sea Control podcast. Contact the podcast team at [email protected].

This episode was edited and produced by Dr. Ed Salo.

Sea Control 286 — Taiwan and Sea Denial with Collin Fox and Jonathan Selling

By Jared Samuelson

This week, we are joined by two of our editors and CIMSEC contributors, Jonathan Selling and Collin Fox. They have each written on Taiwan for CIMSEC within the last year and join the program to discuss Taiwan and sea denial.

Download Sea Control 286 – Taiwan and Sea Denial with Collin Fox and Jonathan Selling

Links

1. “The Porcupine in No Man’s Sea: Arming Taiwan for Sea Denial, by Collin Fox, CIMSEC, August 4, 2021.
2. Between the Giants: The Future of the Taiwanese Navy in an Era of Great Power Competition, by Jonathan Selling, CIMSEC, September 18, 2020.

Jared Samuelson is Co-Host and Executive Producer of the Sea Control podcast. Contact him at [email protected].

This episode was edited and produced by Joshua Groover.

The Financial Foundations of U.S. Hegemony: Rethinking Modern Monetary Theory, Part 2

By Michael A. Dennis and Anand Toprani

Part One introduced readers to an idea, Modern Monetary Theory (MMT), which challenges many of the shibboleths of public finance, most notably the desirability of balanced budgets. In The Deficit Myth, author Stephanie Kelton described her conversion to MMT as a Copernican moment in which the scales suddenly fell from her eyes. She now understood that currency “issuers” have utterly different problems than currency “users.”

To illustrate this point, Kelton described a thought experiment she conducted while working in the U.S. Senate. She asked her fellow staffers on the Budget Committee if they would abolish the U.S. national debt and nearly all agreed. She then asked if they would rid the world of Treasury bills. The very same people now hesitated, realizing instinctively that Treasury bills and the national debt are identical – the two sides of the government ledger that must balance.

Subconsciously, far too many public officials and national security professionals remain in thrall to a Gold Standard mentality about finance – specifically the notion that a paper currency must be “backed up” by something precious to have any value. During the heyday of the Gold Standard before 1914, a nation’s money supply was tied to the quantity of gold it possessed, but the last remnants of that system vanished in 1971, when President Richard Nixon refused to convert U.S. dollars for gold.

As Kelton realized, the end of the Gold Standard did not mean an end to Gold Standard thinking. Even those well-versed in financial matters could not grasp that the supply of money was not tied to the supply of some metal stored in a vault.

The Peril and Power of MMT

The pandemic has shown MMT’s power, although proponents have not really claimed it as their vindication. Instead, the pandemic has become, like the 2008 Financial Crisis, another demonstration of John Maynard Keynes’ continuing relevance. This is a welcome development, but Keynes is perhaps not as useful for dealing with the challenges we face moving forward. If Copernicus removed Earth from the center of the solar system, MMT essentially removes money from the center of economics and replaces it with politics – who gets what, when, and how in Harold Lasswell’s immortal turn of phrase.

Without resorting to scaremongering about “hyperinflation,” there are plenty of legitimate criticisms of MMT. Kelton unfortunately relied on bad history in the service of good politics. For instance, she claimed that “Deficits did not stop Franklin Roosevelt from implementing the New Deal,” which echoes right-wing condemnations of FDR more than the judgments of sober historians. She also asserted that there is a causal relationship rather than just a correlation between periods of deficit reduction and financial crises. Boiling down a number of 19th century panics or the collapse of the international financial system after 1929 to American presidents’ debt reduction is a form of historical reductionism that obscures the complex sources of global financial crises. It is no different than claiming that the 2008 crisis was the fault of minority U.S. homeowners defaulting on their mortgages.

At this point, supporters of MMT might accuse this article of historical nitpicking. The authors would counter that any political program is stronger if rests upon a solid historical foundation.

There are also numerous reasons to be skeptical of MMT from the perspective of political economy (the interrelationship of political and economic affairs). Supposedly, monetary sovereigns have no deficit constraints if they control their own monetary supply and borrow in their own currency. This is true but only up to a point.

First of all, conflating monetary sovereignty with being a currency issuer seems a rather narrow definition of sovereignty. According to the Mundell-Fleming Trilemma, if a government chooses to embrace monetary sovereignty (narrowly defined as an independent monetary and fiscal policy), it must choose between stable exchange rates and capital mobility. During the Bretton Woods era, the nations of the developed world chose the former, and afterward, the latter. There were many reasons they went in these directions, but they had to make a choice. Once a country has committed itself to capital mobility and independent monetary/fiscal policy, it must accept the risks posed by fluctuating interest rates.

Additionally, although its supporters never acknowledge it, MMT poses risks for countries that must purchase large quantities of goods in foreign currencies even if they are monetary sovereigns. Consider the example of Britain, which is dependent on imports of any number of goods as well as capital for its financial services sector. One term that never appears in The Deficit Myth is the “twin-deficits hypothesis” – the idea that government deficits might worsen a nation’s trade balance by encouraging domestic consumption, which can raise domestic prices if the economy is at or near capacity or encourage imports. Unless earnings by foreigners are converted into bonds to cover government deficits, the importing nation will suffer currency depreciation.

This is a real danger for all countries that must purchase goods in foreign currencies. While Britain has monetary sovereignty, what would happen to its exchange rate if its budget deficit causes its current-account deficit to balloon? Either its exchange rates will deteriorate, which will happen for a country dependent on imports, or it must impose capital controls. Keynes was not afraid of capital controls and had a clear preference for limited external trade but adopting his mindset would entail a radical transformation of British society.

Furthermore, what about all the countries that do not have to worry about the deficit constraint but are not monetary sovereigns? The German government, for example, can borrow in its own currency, but it is not a currency issuer – rather, it is the European Central Bank. Nevertheless, the nominal interest rate on German debt has been 1% or less since 2012. Not every member of the Eurozone enjoys such a luxury – why? Is it because Germany is such a valued customer or because it generates massive current-account surpluses? Despite this uncertainty, Germany enjoys considerable fiscal flexibility even though, according to MMT, it should not.

The reality is that MMT, while a compelling theory for understanding how states can use their control of money to achieve specific political ends, has little to say about the structure of economies or how best to allocate resources. As our colleague Mark Blyth put it in his inimitable fashion, MMT assumes: “Get the money right and everything else follows.”

The example of Germany shows that MMT has it entirely backward – states must get the economy “right” before they can take advantage of the monetary/fiscal opportunities of MMT. Specifically, the Germans can afford to ignore deficits today because they spent decades building an industrial Exportweltmeister that is the envy of the world. It is the sacrifices of ordinary Germans that makes their nation such an appealing counterparty rather than the worries of German elites about hyperinflation and rejection of budget deficits.  

The Ironies of MMT

For an idea associated with the social-democratic left, MMT shares neoliberalism’s dim view of democratic oversight. Kelton is critical of the Federal Reserve’s technocratic management, with its inflation phobia and search for the “Non-Accelerating Inflation Rate of Unemployment” (NAIRU). Granted, Uncle Sam’s track record at managing tax policy to compensate for inflation hardly inspires confidence, either – as evidenced during the 1960s, when taxes could not reduce consumption fast enough during the boom in spending resulting from the Vietnam War and the Great Society. Therefore, Kelton wants to substitute rule by central bankers with automatic legislative stabilizers that modify government spending to account for inflation or unemployment. In other words, she is substituting one form of technocratic governance by financiers for another led by MMT economists.

Implementing such a system depends less on economic persuasion than political power. Such power is essential for stabilizing this arrangement at home and abroad. We have already seen, however, that some nations can only do the former but not latter. In fact, the only true monetary sovereign capable of fulfilling the promise of MMT is also the closest thing the world has to a hegemon – the United States.

The United States is a monetary hegemon because the world is denominated in dollars, not renminbi, sterling, euros, or yen. Despite the rise of China, the U.S. dollar still accounts for over 60% of central bank reserves and over 40% of all cross-border loans, international debt securities, global trade invoicing, and payments through the SWIFT system (the Society for Worldwide Interbank Financial Telecommunications, which governs how banks communicate financial transactions across international borders). This hegemony is not without its costs – a higher dollar makes U.S. exports less competitive – but it allows the United States to exert a degree of influence over world affairs beyond what its other instruments of national power could deliver by themselves.

The Risk of Ignoring the Power Pyramid

Given the extent of this power, it is remarkable that the United States has done so much to undermine Susan Strange’s pyramid of national power, described in Part One: military force, productive capacity, financial strength, knowledge production, and maintenance. Whether by restricting immigration, cutting the funding for research and development, or imposing sanctions with an unprecedented alacrity against its allies as well as its rivals, administrations of both parties have displayed little awareness of the factors that made the United States a great power.

As a result, they have presided over the gradual evaporation of the United States’ technological edge. For example, the United States, once the source of the world’s most powerful computer chip designs, is no longer the world’s leader in this vital technology. The Taiwan Semiconductor Manufacturing Company (TSMC) is the most advanced fabrication plant in the world capable of rendering the 5 nm chips that lie at the heart of Apple’s future laptops and phones.

People – and not just Americans – pay for these chips and the products housing them in dollars, but how much longer will that be the case in a world where the “most important” real estate for the world economy is in Taiwan rather the United States? Fortunately, Taiwan remains a de facto U.S. ally, but what happens if China achieves its goal of chip independence –a quest fueled, in part, by the Trump and Biden administrations’ restrictive trade policies?

This transition of technological power away from the United States is evident in the most ordinary of circumstances. Consider one of the most-popular apps on the phones of America’s youth: TikTok. Despite the fact that TikTok’s Chinese owner, ByteDance, is not part of an industry that benefited from Chinese government patronage, the AI in TikTok is apparently beyond the skills of U.S. programmers, which explains the U.S. government’s wariness toward TikTok’s Chinese origins. U.S. government efforts to engineer that company’s sale to an American firm appear to have stalled, but Washington has nonetheless set a dangerous precedent – the United States relied on political coercion to stem the dissemination of a superior Chinese product irrespective of consumer preferences.

It might seem ridiculous to national security professionals to think that China’s development of an app to share user-generated videos presages a geopolitical revolution, but consider the following point. Despite crushing Nazi Germany and sending the first man into space, the Soviet Union never produced something that an American firm could not match or better, much less a consumer good that captured the United States’ youth demographic.

Perhaps worse, the country is discouraging the best means of redressing the qualitative difference between Chinese and U.S. firms: immigration. These immigrants play a vital role in the worldwide knowledge economy – the vaccines Americans are counting on to deliver them from the pandemic are the result of small firms populated by immigrants either in the United States or, in the case of the Pfizer vaccine, in Germany. In the alternative universe where Donald Trump won a second term in 2020, U.S. research productivity would further suffer due to the restrictions on visas for graduate students and postdocs in the physical and biomedical sciences. U.S. universities have already taken a financial hit since foreign students often pay the retail tuition price, especially students from China.

MMT: An Incomplete Solution

If MMT is the answer to some of the most challenging threats confronting the United States – notably the transition to a green economy – Americans cannot afford to forsake the preservation of U.S. monetary hegemony. U.S. hegemony does not rely on the crude metrics of earlier generations – numbers of soldiers and weapons, or steel, coal, and oil production – but rather on something both more ephemeral and durable: the confidence of the rest of the world that it can benefit from U.S. hegemony.

If debt is not really the constraint but rather inflation, as MMT advocates contend, the next question Americans must answer is how the government should mobilize its seemingly unlimited fiscal resources. Military strength is a vital component of Strange’s pyramid, but it seems the United States has reached the point of diminishing marginal returns. New weapons take too long to develop and cost too much to mass produce. Despite record budgets, U.S. military aircraft and ship readiness rates are deficient, which has problematic implications for the readiness of the rest of the military, and the Pentagon has been of modest help during the pandemic.

Rather than continuing to pour money down the defense sinkhole to purchase new weapons when it cannot maintain the ones the country already has, the United States should be using government spending to “build back” the U.S. entrepreneurial state to confront the challenges posed by climate change, recover from the pandemic, and repair the nation’s physical and human infrastructure. A national government that is free from the sorts of constraints that limit private firms can and should spearhead this effort.

There are still some who would argue that the United States should rely on the “invisible hand” to allocate capital. It is an alluring theory, but U.S. historical experience has thoroughly undercut it. After World War II, it was the entrepreneurial state rather than “heroic capitalists” that bore the risks to invest in new knowledge, and which continues to pay dividends today. Private firms that are beholden to shareholders demanding immediate returns on their investment simply cannot undertake the kinds of long-term, speculative investment in pure (as opposed to practical) R&D required to generate genuine novelty.

Just as the U.S. government has a monopoly on the legitimate use of force and printing money, so too does it have a near-monopoly on the ability to take risks over long-time horizons. Recall that it was U.S. Army ordnance in the 19th century that perfected the development of standardized parts over a 40-year-plus period in its arsenals. In the 20thcentury, the U.S. government provided invaluable support to several industries, including aviation, nuclear power, computing, and space. This should not imply that governments are wiser than private investors, only that the former can afford to place large bets that they might lose; after all, they are gambling with the house’s money.

These sorts of investments rarely seem justified under normal circumstances, but they can generate enormous windfalls. One of the many legacies of government sponsorship of R&D in the United States was a biomedical research system that allowed for the rapid development of the mRNA vaccines that are taming COVID-19. Whether it was supporting research on DNA and RNA that venture capitalists ignored or the vast array of technologies now embedded in smartphones, the U.S. government was essential in “bringing good things to life.” That the latter was an advertising slogan from General Electric from 1980 to 2003 only reinforces a collective historical amnesia, just as Americans forget how money actually works.

Not All Spending is Equal

Critics of MMT are right about one thing – not all spending is equal and running up deficits over the long run without enhancing the nation’s productive capacity and its economic attractiveness will undermine U.S. monetary hegemony. The goal of an expansive fiscal policy should be the creation of an economy in which people from all over the world wish to continue participating, which in turn will preserve the dollar as the preferred instrument for both debt and credit.

There are steps that the U.S. government can take that would generate dividends for the United States’ economic and national security. The government could, for example, revisit the 1958 National Defense Education Act that resulted from the fear following Sputnik’slaunch that the United States was falling behind the Soviet Union. A new education act would enable training up the workforce that contemporary industries demand. It should fund industrial apprenticeships in both civilian and defense industries, as well as the vocational training that the United States has allowed to wither. The country might also turn the surfeit of advanced degree graduates into managers of government investments in fields vital to its national health instead of stranding them as poorly paid adjuncts in the U.S. educational gulag.

Perhaps the great irony of contemporary American political economy is that many of the proponents of MMT are also the biggest critics of the other aspects of U.S. power that make MMT possible. The United States can afford the Green New Deal as well as providing universal health care and other necessities – but only as part of a wider process of “keeping America great.”

Politics truly makes for strange bedfellows.

Michael A. Dennis and Anand Toprani are professors of strategy and policy at the U.S. Naval War College and visiting professors at Brown University. They wish to acknowledge their profound debt to their colleague, Brown University professor Mark Blyth, whose insights inspired this piece.

The views expressed here are Dennis and Toprani’s and not necessarily those of the U.S. government.

Featured Image: U.S. Capitol Building is superimposed over scaffolding and currency imagery. (Credit: Christina Animashaun)

Storm Warning: Chinese Gray Zone Futures Inbound

By Peter Layton

As competition with China deepens, the nation’s use of gray zone techniques is becoming of increasing importance and interest. China has been using this approach for many years in the South China Sea, the East China Sea, and the India/China border, to name some prominent examples. Understanding the history behind these is important, but equally so is where China’s gray zone stratagems may be heading. In this, we live in the future, not the past. Understanding the direction towards which Chinese gray zone activities may evolve could give early warning about China’s likely next steps. Suitable responses could then be considered and implemented in a measured manner, without the time pressures induced by a sudden, unexpected crisis.

This article discusses three forward-leaning aspects: long-term trends, wild cards, and the shape of China’s future gray zone actions. Considered together, these outline future Chinese gray zone possibilities at the strategic and tactical levels, helping avoid potentially nasty surprises. Gray zone as used here builds on Michael Mazarr’s seminal work. Crucially, gray zone techniques are distinct from hybrid warfare. Gray zone techniques do not involve deliberate armed violence; hybrid warfare does, as defined in Frank Hoffman’s influential examinations. In recent years, China has doubled down on gray zone activities while Russia remains attracted to hybrid warfare. Neither the activities nor the countries should be conflated.

This article further focusses on China’s periphery, not globally. Using cyber, China can extend its gray zone activities worldwide, but looking in peripheral areas allows a broader, all-domain discussion. A deeper examination of China’s gray zone activities in the periphery is given in my China’s Enduring Grey Zone Challenge recently published by the Royal Australian Air Force’s Air and Space Power Centre.

Potential Evolutionary Paths

China has been using gray zone techniques for more than a decade, allowing some high-level trends to be discerned. The first trend is that the more China uses such techniques, the more others become involved in one way or another. China prefers to have bi-lateral relationships with other countries rather than work through multi-lateral channels, but gray zone activities tend to work against this. Others notice China’s assertiveness, worry about being picked off individually, and if not join in, at least passively support the country being targeted by China.

The South China Sea dispute has been running the longest and is now noticeably dragging in more countries. Originally, China sought to negotiate bi-laterally and then only grudgingly agreed to accept multilateral discussions under the ASEAN institutional framework. This has further evolved with many countries now issuing diplomatic Notes Verbales so as to involve the United Nations. Moreover, the dispute has been part of the rationale for the formation of the Quad, comprising the United States, India, Japan, and Australia. The Quad is steadily becoming a more cohesive, pseudo-alliance grouping, as India’s border troubles with China worsen, and China steps up pressure on Japan in the East China Sea. More third parties are piling in with the European Union’s (EU) views of China as a “systemic rival.” The United Kingdom, France, and Germany are now sending naval patrols to the South China Sea.

A second trend is that China is making increasing use of non-military means of coercion, particularly coercive diplomacy and cyber. A recent study found that over the past 10 years, there were 152 cases of such coercion affecting 27 countries and the EU, with a very sharp exponential increase in such tactics since 2018. In terms of cyber, China has long been noted for its cyber intrusions to steal intellectual property and industrial secrets. A recent shift though is towards using cyber means to inflict damage on others as part of a gray zone operation. In a notable recent example, China mounted a broad cyber-campaign against India’s electrical power grid that coincided with the 2020 military border clash. Both coercive diplomacy and cyber have major advantages in terms of giving a global reach. China’s gray zone activities can now impact very distant nations, not just those on its borders.

A third trend is a perceptible movement towards more violent actions, even if these do not involve armed attacks. In June 2020, People’s Liberation Army (PLA) soldiers killed twenty Indian soldiers in a border clash. Previously, China’s gray zone actions did not intentionally aim to kill others. The year also saw a PLA Navy warship aim its gun control director at the Philippine Navy’s anti-submarine corvette BRP Conrado Yap in the Spratly Islands. In the naval domain, this can be considered as a hostile act and seems the first time that a Chinese warship has directly threatened a Philippine government vessel in the South China Sea. A second incident involving a PLA Navy warship pointing a laser at a US Navy P-8 maritime patrol aircraft drew criticism from the U.S. Navy as being “unsafe and unprofessional.” This was a new step as such actions, while increasing in the last couple of years, have previously emanated from Chinese fishing vessels, not PLA Navy warships.

Wild Cards

Trends can only tell us so much. There is always a chance of a sharp deviation in the future onto a very different path. Four wild card possibilities are worth discussing.

Embracing Hybrid War. While China is destabilizing the existing international order through its gray zone activities, so also is Russia through hybrid warfare. China may be tempted at some stage to shift up the conflict continuum a notch, move beyond gray zone activities, and embrace Russia’s hybrid model.

Chinese gray zone activities aim to gain lasting strategic advantage over another (Chapter One, pp. 11-25). In contrast, the Russian armed forces define hybrid war as a war in which the means used, including military operations, support an information campaign. The aim of this campaign is to gain “control over the fundamental worldview and orientation of a state,” shift its geostrategic alignment, and shape its governance. China’s gray zone activities may irritate another, but the Russian hybrid warfare model tries for regime change.

Proxy Wars. China might not move as far as hybrid wars; however, its gray zone activities could be extended to include supporting proxy wars. In the Cold War, the Soviet Union and the United States fought each other vicariously through their various client states. Wars in countries as varied as Ethiopia, Angola, Nicaragua, and Afghanistan all engaged the superpowers of the day in providing overt and covert support for their chosen sides. If the U.S.-China relationship deteriorates into approximating a new Cold War, proxy wars may make a comeback.

Playing the Russia Card. There is a possibility that Russia and China may choose to actively work together. In this, there are uncertainties over the synergies their combined actions might generate, in particular how Russia might amplify Chinese gray zone efforts. Today, China is mainly leveraging its Russian relationship to fill gaps in its military capabilities and to accelerate its technological innovation.

In terms of gray zone activities, a new development has been the undertaking of joint China-Russian air patrols in the East China Sea. The first in July 2019 was heralded as taking the two nation’s military-to-military cooperation to a new level appropriate to ‘the new era,’ but finished with South Korean fighters firing warning shots when one of the Russian aircraft intruded into Korean territorial airspace.

Given this fiasco, a second try was not attempted until late December 2020. On the Russian side at least, this was somewhat larger in involving four PLA Air Force (PLAAF) H-6 bomber and 15 Russian aircraft, including two Tu-95 bombers, an A-50U airborne early warning and control aircraft, and 12 Su-35S fighters, presumably to warn off any pesky South Korean fighters. Communist Party media outlet, Global Times, optimistically forecast that “China-Russia joint aerial strategic patrol will become routine in the future,” while avoiding dwelling on the first patrol’s problems.

Nevertheless, such patrols hint at the possibilities of Russia and China at least coordinating actions in their border zones. For example, Russia might conduct hybrid warfare operations in Europe while China ramps up concurrent gray zone activities in the South and East China Seas. Such an approach of working together but separately could tax any Western responses.

Mirror Image. If China is pleased with its gray zone activities, there is a possibility that others might not just take up the technique but use them against China. China has more borders than any other country, leaving considerable space for nefarious actions. Moreover, the Party faces many domestic problems and continually worries about internal stability. A gray zone activity over an extended period, using diverse means, that was ambiguous, stayed within red lines, and exploited the Party weaknesses could be a definite annoyance, shifting the strategic advantage away from China to others. China’s gray zone sword might become two-edged, able to inflict damage on its originator.

The Shape of China’s Future Gray Zone Activities

In general, gray zone activities involve purposefully pursuing political objectives through carefully designed operations; moving cautiously towards goals rather than seeking decisive results quickly; remaining below key escalatory thresholds so as to avoid war; and using all instruments of national power including non-military and non-kinetic tools. These characteristics suggest that in terms of its application in a specific circumstance, gray zone activities have two important variables. These are whether violent or non-violent actions are undertaken and whether non-military or military instruments are used.

The drivers created by these variables implies four possible alternatives as illustrated in the Figure below. These are the manner in which future Chinese gray zone activities might be undertaken. None of these four alternatives are considered more probable than the others, but that which actually occurs is hopefully captured within the wide span of possibilities encompassed.

Figure 1. Possible Chinese Gray Zone Alternative Futures. Click to expand.

The ‘playing by the rules China’ is an optimistic future where a responsible stakeholder China abides by the rules to which it has agreed with others. The ‘whatever it takes China’ is a minor deterioration from now and is perhaps a near-term prospect. The ‘pushing the envelope China’ is an evolved future where much greater use is made of the PLA but in a non-violent way. The ‘do as you are told China’ is a near worse-case possibility that is arguably on the limits of gray zone activities; there would be a high risk of peace breaking down and serious armed conflict starting. An indicator and warning of this might be the shoot down of an uncrewed air vehicle, such as a Triton maritime surveillance drone.

Long-term trends, wild cards, and the shape of China’s future actions combine to give an overview of the strategic- and tactical-level gray zone possibilities, but the future should not necessarily be thought of as simply getting worse. As gray zone activities are undertaken at the direction of the highest levels of the Chinese Communist Party’s leadership, they could just as easily be wound back towards something approximating the positive ‘playing by the rules China’ future. However, the killing of the twenty Indian soldiers on the border with China is a most worrying development. Prudence would suggest paying close attention to China’s near-to-medium term gray zone activities. This appears a “Danger, Will Robinson” moment where the omens look distinctly gloomy.

Dr. Peter Layton is a Visiting Fellow at the Griffith Asia Institute, Griffith University and an Associate Fellow, Royal United Service Institute (London). A retired RAAF Group Captain, Peter has a doctorate in grand strategy and taught national security strategy at the U.S. National Defense University. He is the author of the book Grand Strategy. His papers, articles, and posts may be accessed here.

Featured Image: A Google Maps Street view of the Chinese embassy in Washington, D.C.

Fostering the Discussion on Securing the Seas.