Sunk Costs

Japan "white whale" subs & Fukushima taxes. Keating right-on AUKUS, Indonesia subs & non-proliferation, China sub tech advances, DPRK tsunami sub-drones, US fears Russian subs, UK nuke graveyard.

UPDATE: The United States has unleashed a tsunami of submarine activity across the so-called Indo-Pacific. Today’s Long Mekong Weekend takes a deep dive into regional power dynamics and the sunk costs submerged in all the talk of AUKUS and a China threat.

Japan’s lawmakers are concerned about appropriating the reconstruction tax for defense purposes, b…