Chapter 961, Economic Strategy

Colonel Philip and Maximi looked at the so-called "experts" sitting opposite the conference table and couldn't help but wonder, and even tested whether Wu Shaoting deliberately found someone to make up for the numbers? These so-called "experts" are too young and reveal a bit of restraint in every move. How could these people break up the entire Allied camp within one year?

Although out of politeness, they still greeted the Chinese "experts" and also gave a formal self-introduction in unfamiliar Chinese. However, after sitting back, the two of them couldn't help but whisper in German for a while.

Even if you don’t have to listen to what Philip and Maximi are talking about, Wu Shaoting can guess a rough idea. He doesn’t plan to explain to the two. In fact, he is also very clear about the situation of Ma Yinchu, He Shilian and others. At present, the Economic Strategy Office only has a set of theories of the financial system. Such a large-scale speculative action does have great risks. However, speculative behavior is inherently out of order. Since it is speculation, it is natural to bear certain risks. The most important thing is to find an opportunity and grasp the predictiveness of the entire situation.

"Col. Philip, Mr. Maximi, I plead for you to maintain a patience, fairness and justice, and listen carefully to our economic combat plan against *** and the entire Allied Powers." After the greetings, Wu Shaoting said this deliberately, with the purpose of hoping that Philip and Maximi would not have preconceived ideas.

Both Maximi and Colonel Philip smiled and nodded in response. Then, Wu Shaoting asked Ma Yinchu to start reporting the written plan that the Economic Strategy Office has compiled in recent days. Ma Yinchu first explained it from the economic background of *** and tried to inform the Germans where the "opportunity" for this economic destruction was.

The relevant information collected by the Office of Fundamental Economic Strategy in the past ten days, combined with some internal information bribed by various intelligence units of the Ministry of National Defense, the economic structure of the entire country has developed to a certain extent from the end of the Russo-Japanese War to the beginning of the Qingdao War. That is, the entire country's economic structure has been derailed to a certain extent. That is, the budget of important funds and budgets are invested in the development of heavy industry to rapidly expand military equipment, especially naval warships.

However, because the Russo-Japanese War completely established the dominance of the Liaodong Peninsula and the Korean Peninsula, the excessive proportion of heavy industry was quickly compensated by the colonies. In other words, this period of derailment was neutralized to some extent, but on the other hand, it also led to the neglect of the ignorance or not paying attention to the loopholes in the local economic structure.

"These content may sound nonsense, but I have to add that as long as we win on the Korean battlefield, the entire economy will collapse, and that's the reason." When Ma Yinchu just introduced this, Wu Shaoting interrupted at this time.

Colonel Philip and Maximi whispered again. Obviously they did not pay much attention to this matter. However, since China can provide detailed information to confirm, and they know that *** is an island country with scarce resources and rely entirely on the resources of North Korea and Taiwan for support. Once North Korea is lost, its important raw material base, its significance is no less than the result of Britain losing India.

Ma Yinchu then said that from the time of the Qingdao War, the attempt to the heavy blows caused by the defeat, the entire social and economic situation was like forcibly uncovering scars, which not only caused extremely heavy blows, but also left unpredictable lasting damage. From this point of view, it can be inferred why the *** government has always wanted to participate in the European War and why it has always encouraged the Allies to start a war against China. The reason is not only to complete overseas expansion, but also to dilute the weakness of the domestic economy through war. This "dilution" is from many aspects, including diverting domestic attention, stimulating the development of national industries, obtaining economic aid from Britain and France, and profits after the war.

Now China declares war on Japan and has recovered all the privileges of *** in China. This is another heavy blow to the *** economy since the Qingdao War. According to the conclusions drawn from the summary analysis of preliminary data and information, the wealth of each *** person in May 1915 shrank by more than 30% compared to two years ago. The most serious one is the lower-class farmers. It is no exaggeration to say that almost every *** farmer is in debt at present.

"The latest military budget proposal passed by the *** cabinet in April this year decided to expand the army to twenty divisions and restore the size of the second fleet within one year. From an economic perspective, the passage of this military budget proposal is a risky gambling for ***. Although military expansion can alleviate the economic crisis and stimulate the development of domestic productivity, this series of national fiscal investment is based on negative assets." Ma Yinchu said in an orderly manner. As his content becomes more and more in-depth, his personal emotional performance gradually becomes relaxed, and there is a momentum that a university professor is giving a speech.

Two translators on the side translated Ma Yinchu's words as unchanged as possible. Ma Yinchu's previous great speech made them really work. After Ma Yinchu finished speaking, the two translators were still explaining in detail to Colonel Philip and Maximi in German.

"Is this true?" Colonel Philip asked half-believingly. He could not even be sure whether the information listed by Ma Yinchu was true.

"That's true," He Shilian, who was standing aside, nodded and said very seriously. "At present, most of the fiscal budget of the *** country relies on British economic aid and some national debts sold to American countries such as the United States and Argentina. In fact, when the industrial development of the *** industry after the end of the Russo-Japanese War, the development funds were also based on the compensation for the 1895 War and the compensation for the 1894-1895 War. With the annual fiscal revenue, it is impossible to reach such a huge scale."

"This is unquestionable. Colonel Philip will be clear just by looking back at the *** government's annual fiscal revenue. The investment and income for fifteen consecutive years are completely disproportionate." Wu Shaoting said.

Colonel Philip and Maximi nodded slightly. Since even Wu Shaoting spoke, they obviously shouldn't have doubts about this.

Ma Yinchu turned the topic to the topic and began to describe speculative plans for the economic difficulties of ***. He believes that *** has invested huge bets in the military budget proposal, which not only uses national income in the next ten years in advance, but also increases the living burden of the people in the country, which directly leads to a general decline in all industries except industry. Therefore, if you want to fuel the *** economy and make it decline faster, the best starting point is the military budget proposal passed by the *** cabinet this time, which makes it fail in this gambling.

"Once the military budget bill becomes a bad debt that cannot fulfill the economic effect, the overall economy will immediately regress to the early stage of the Meiji Restoration." He said this result very solemnly.

"Please say it more in detail." Maximi didn't quite understand Ma Yinchu's specific meaning. Although he probably knew that the military expansion of this time was of great significance, he did not believe that this failure of the military expansion would lead to the collapse of the national economy, or in other words, what should be done to allow the military expansion to completely affect the economy of the entire economy.
Chapter completed!