It’s time to stop being complacent.

I’m not predicting war is imminent, but you have to admit there’s a non-trivial risk. A conflict or blockade in Europe or the South China Sea will make fuel issues look trivial.

In Sweden, citizens are told to keep a week’s supply of water and food “in case of crisis or war”. Similar leaflets have been issued to Norwegians, Danes and Finns.

Businesses here need to prepare for what will happen if conflict disrupts trade with China and Europe.

Josie outlines why the world is in a perilous security state and we can't rely on the US.