Chapter 420: Economic Crisis?
PS: In the new week, there is no recommendation seat, so we urgently need everyone's recommendation support.
By the way, I wish the third leader of this book, Hanzi, a speedy recovery and healthy discharge.
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It is located in the Prime Minister's Mansion in Nagata Town, Chiyoda-ku, Tokyo, Japan.
In the solemn mansion, the top officials of the Japanese government, all of whom were high-ranking members of the Liberal Democratic Party, gathered with a wide range of emotions, including nervousness, depression, anxiety, and anxiety. And Shinzo Abe, Japan's chief prime minister, is the head of this group and the chairman of the Liberal Democratic Party.
In the oval-shaped internal conference room, a meeting mixed with various emotions is being held, and the issue being discussed is not how to amend the constitution, still less how to use China to get rid of the dog chain around Japan's neck, nor is it studying how to improve the economy, and naturally it is not discussing the issue of arms diplomacy.
The issue they were discussing at the moment was the war that had broken out in the Horn of Africa, a war that had already begun to inflict great losses on Japan. Originally, I thought that this war was just for the Japanese to follow the Americans to pick up the advantage, and to take the opportunity to gain greater trust from the United States, and then lay a better foundation for the next step of lifting the ban on the right of collective self-defense.
However, the original idea has now turned into a devouring abyss, and in just one week of war, not only is it difficult for Japan to recover the huge military expenditure it has invested, but even the expatriate troops of the Maritime Self-Defense Force have also suffered huge losses.
At the beginning, in the spirit of earning money without accompaniment, Japan agreed to embark on the big ship of war with the United States and provide all kinds of logistical support for this purpose. I thought that when this big ship reached the other side of victory, it would be able to get it back from Somalia with interest. However, the outcome of the incident was a great disappointment to the Japanese, and although the Japanese Navy had made good gains in anti-submarine operations, it still did not change the situation of the war.
The big brother of the US Navy has an aircraft carrier that was directly destroyed by the Somalis. Today, the broken hull is estimated to have been repaired and towed away by the Somalis. Another aircraft carrier was sent directly to the shipyard by terrorists for repairs, and the coalition fleet, which had only one carrier battle group, had to carry out a temporary strategy to avoid the forces of the Somali twin carrier battle group.
So far, the Japanese side has not felt much heartache, especially in the eyes of many high-ranking Japanese officials, who wish that all US aircraft carriers would sink into the sea. However, when the side of the war is the Japanese side, the feeling is completely different.
The famous Aegis destroyer King Kong, a nearly 10,000-ton destroyer of great historical significance, was completely buried in Somali waters. In addition, another Taidaofeng-class destroyer was also boarded, as well as several transport ships.
Although these warships are relatively old, all of them are in their teens or twenty years of service, but this is the second time since World War II that the Japanese Navy has been killed in battle. And the opponent is Somalia, which is not optimistic about the whole world.
The money lost is only secondary, even if it is an Atago-class destroyer that is sunk. The real distress of the Japanese is not the money. The Japanese are not indignant. The loss of face through this example is the most important thing in the eyes of the Japanese.
Whether it is pressure from the domestic population, or a negative impact on international prestige, or a negative diplomatic situation in the future, these are the real dangers. to the Japanese economy. An old Aegis destroyer, if it is gone, is gone, and under normal circumstances, it can also be used to get more military industry allocations. Research more advanced warships, or build more advanced destroyers.
However, at the moment, what Japan has received is all bad news.
The LDP veterans, senators, members of the Staff Committee, and the top officials of the Japanese military and government discussed nothing more than whether the war could continue.
As soon as the meeting began, it was the ups and downs of the reports of various departments of authority, and Shinzo Abe, who was sitting firmly in the first place, looked indifferent, listening to the reports of everyone.
"......, according to effective statistics, from the beginning of the war to the present, we have lost a total of 572 soldiers, of whom 472 were killed in the explosion in Mogadishu, and the number of missing is 375. A total of 612 people were injured, of whom 40 per cent were seriously injured. Next month's fiscal expenditures will focus on the primary bereavement of the dead, missing, and wounded Self-Defense Force soldiers...... "The first person to speak out is the head of the Prime Minister's Office, which is responsible for many things, one of which is the issue of bereavement benefits.
"In a nationwide cyber attack that lasted nearly an hour, all public network terminals across Japan were shut down, including banking, securities, credit, industry, and commerce...... and all external networks of enterprises are terminated. So far, there are still a large number of Internet viruses breeding on the Internet, and a large number of Internet users suffer losses every moment. So far, most of the country's network has been basically restored, but the economic loss during this period will be a heavy numerical ......, detailed data has not yet been counted, but according to basic estimates, our economy has just recovered from the economic crisis, will once again fall to a new low in 20 years. The future of the economic situation is ...... worrying, because our economy is increasingly dependent on the Internet, and the one-hour outage is conservatively estimated, which will set our economy back by at least five years......" The head of the Economic Planning Office followed suit, explaining the incomparably significant loss to everyone in the room. Japan's Economic Planning Agency is responsible for formulating economic policies and plans, and is in charge of comprehensive adjustment of basic policies.
The very detailed explanation made everyone in the conference room try to slow down their breathing, although many of them are not economic experts, but they can enter here and understand the power of this.
At the beginning, Abe used his economics to come to power to stimulate the domestic economy, and during this period of time, he has also made a lot of progress and made achievements for the people to see. Now, the economic damage caused by the nationwide cybersecurity problem will completely destroy the achievements of the so-called Abenomics, and Japan's economy will also decline to the trough of the original economic crisis.
The head of the Economic Planning Office seemed to think that his report was not very successful, so he continued: "We have to worry about not only the domestic economy, but also the United States, followed by Japan, France and Italy, the country that suffered the most from this unprecedented cyber attack." The economies of the four countries account for a huge proportion of the global economy, and I am afraid that it will not be long before a wave of economic crisis that is even greater than three years ago will sweep the world, and the first is the network economy, which occupies an increasing proportion of the world's economy, and the impact on the manufacturing industry will not be small. Now that the economic crisis is spreading, perhaps, a new wave of unemployment will be ushered in in the whole world. ”
These words are by no means alarmist, but the result of the hard work of hundreds of senior economists in the entire Economic Planning Department, and it is by no means child's play that in this world-wide integrated economy, four developed countries have suffered extremely serious economic regression at the same time.
Compared with the economic losses, the military losses are really insignificant.
If the economic crisis of '08 was caused by the Fed's long-term low interest rate policy, the bubble of fixed asset investment and the false prosperity of the economy were caused. The inadequate financial regulation of derivatives and credit ratings in the United States has led to the resurgence of a dot-bubble-like economy, which has greatly affected the countries of the world. The United States underestimated the damage of the subprime mortgage crisis and failed to correct it in a timely manner and provide the necessary support at an early stage, resulting in a situation that is now difficult to manage. In the United States, Japan, France, and Italy, where the network is the most developed, the network blockade lasted for an hour, coupled with the virus that is still spreading in the network, resulting in the rapid decline of high-tech technology and its industry, and the arrival of the first real crisis of the network economy is not far away.
The Minister of Finance of the Ministry of Finance also stood up at this time and continued: "Since the 90s, the rapid development of high-tech technology and its industry in the United States, represented by information technology and its industry, has led to further deformation of the economic cycle...... Information technology has undoubtedly consolidated the stability of enterprise operations...... In the United States, high-tech industries such as information technology have replaced traditional cyclical industries and have become the main driving force for economic growth. When the U.S. auto industry and real estate industry fell into a recession, the information technology industry sprung up, which contributed to a resurgence of the economy...... With the rise of the network economy, especially e-commerce, it will be more conducive to delaying the arrival of the recession period and making the economy continue to rise. However, the volatility of the business cycle will not disappear as a result. Under certain conditions, there is also the possibility of decline in high-tech technology and its industry. Moreover, fluctuations in the economic cycle are not only determined by the state of technology and industry. In an environment where economic fluctuations and financial fluctuations are intertwined and interdependent, it is difficult to avoid economic fluctuations ....... The network economy is closely related to the real economy, and once there is a crisis, it will also affect the real industry, which will have a huge impact on financial institutions and the industrial economy. ”
The Ministry of Finance is in charge of Japan's finances, finance, and taxation, and the Minister of Finance is the central figure in this department, a true professional who is well versed in the economy.
The Minister of Finance's voice is to make everyone more aware of the powerful relationship involved, and the painful days of this wound that have just appeared are still long.
At this time, Shinzo Abe, who was sitting firmly on the throne, spoke: "The economy still needs to be prepared by you, the crisis seems to be huge, but since you already know it, you must work hard to prepare." I hope that Japan's economy will be able to take advantage of this crisis to find a broader direction for development. Crises and opportunities are often only on the line. ”
Abe's words can be regarded as a decision. However, the question to be discussed today is whether or not to continue the war. He then continued: "Let's talk about whether the war is sustainable. (To be continued......)