Asked what war with China could look like, Mr Pezzullo tempered...

Asked what war with China could look like, Mr Pezzullo tempered his response by saying that it was unlikely but the consequences could be dire.

"I think the likelihood of this occurring is actually quite low [but] the consequences would be significant and indeed catastrophic," Mr Pezzullo told 7.30.

"The likelihood of conflict in this decade has been about 10 per cent, which is meaningful enough to plan for and indeed to be concerned about."

https://www.abc.net.au/news/2024-04-22/mike-pezzullo-admits-mistakes-warns-of-china-threat/103754858

Took a little $5k parcel
It’s my Taiwan invasion hedge for when everything else crashes in 2027. If it happens ARU will fly to $2.
I heard an ex head of department give it a 10 percent chance. While not expecting it to happen it means you should have a plan.