Why both countries are increasing defense spending

What does the multi-billion-dollar warship deal between Japan and Australia say about the new geopolitical order forming in the Pacific? On this episode of Talking Geopolitics, GPF Chairman George Friedman joins host Christian Smith to discuss the landmark defense cooperation, its impact on regional power dynamics, and how it may alter the posture of major players like China and the US. Also discussed: the future of oil dependency. Visit http://www.geopoliticalfutures.com/gpf-newsletter for a free download from our Special Collection on the Middle East.