In the previous economic crisis, at least the infrastructure was useful for people's livelihood, and even if the administrative efficiency was not high, at least a considerable part of the money spent by the government on this investment could be recovered. Pen @ fun @ pavilion wWw. ｂｉｑUｇE。 But in this war of unprecedented losses, most of the investment spent by the US government has been smashed into military uses that are useless for the people's livelihood, and these are pure attrition, and not a penny can be recovered. If it is good to win World War I and World War II in history, the war dividends are enough to make up for it and still make money, but in this war, the United States has suffered huge losses but has not made any profits, and this problem is very serious.

In fact, even if the war were to end now, the total value of the U.S. government's debt would be more than $30 billion (including pre-war debt), which is 12 times the U.S. revenue in 1905! Even though the dollar depreciated a lot during the war, and the total debt was not as scary as it seemed, it was still a staggering amount of money, and with the United States now being much less powerful than before, there was a lot of pressure just to pay interest, let alone pay off the principal and interest.

What's even more troublesome is that nearly 10 billion US dollars of these debts are foreign debts (in fact, most of them are carried by Tsarist Russia), which must be paid in hard currency, which will require more than 1,400 tons when converted into gold, and the gold, silver, and foreign exchange that the US government can use to repay the debt are all combined, which is probably worth several hundred tons of gold......

Of course, those oligarchs still have money in their hands, a lot of money, and not only did they have nothing to lose in this war, but they made a lot of money from the country's hard work, and in fact, they are the biggest creditors of the US government now, and even some of the so-called "foreign debts" actually come from their allies abroad, even vests.

Theoretically, as long as these creditors raised their hands, the life of the US government would be much better, but Theodore Roosevelt, who was also a member of his own family, was well aware of the urine nature of those oligarchs, and it was completely unrealistic to expect them to sacrifice their own interests for the sake of the country, not to mention that in an economic crisis, cattle farms would rather dump their cows into the river than sell them to the poor in need, the rules of capitalist society dictate that the direct forgiveness of these large creditors will not only not help solve the problem, but will cause more serious consequences. No way, capitalism is such a paradoxical system......

But with so many debts on their bodies, even the world's industrial powers like the United States will feel the hardship, and the first to bear the brunt is naturally the middle and lower class of the people, and then the next government will inevitably become the scapegoats of the oligarchs, what good will it end?

In addition to the debt problem, the next US administration still has two major problems to solve: one is more than 5 million (including the Navy and the militias of the states that have been renamed the National Guard, the total strength of the US military is now almost 7 million, which is undoubtedly a huge burden). The resettlement of the US military after demobilization and the pension for the death or disability of the servicemen is by no means a small amount, and if it is not handled well, it will be a big mess, especially in this war, because the loss of officers in the early stage is too great, the speed of military expansion is too fast, and the speed of training in military academies is far from keeping up, so we have to make an exception to promote many soldiers to become officers, and how to arrange them is also a test of the wisdom and courage of the new president......

It must be noted that the United States suffered a big loss in this war, and after the war, it can be said that the country is poor and the people are poor, and social consumption is bound to shrink......

Even Theodore Roosevelt himself was not sure to deal with these two major problems, let alone his successor, but ability is one thing, and more importantly, the successor president could not have received enough support like Theodore Roosevelt in any case.

With all this in mind, Theodore Roosevelt sighed deeply, saying that his successor would not have any hope of success, but would inevitably fall in disgrace amid the scolding of the people. From this point of view, it really doesn't seem like a bad choice to step down now?

It's just that President Roosevelt has always had a deep uneasiness in his heart, and he always feels that China's rapid development of science and technology and industry in the past ten years can continue, in case the United States finds that the gap between the two countries has been opened up again after ten years of development, and it will be too late to regret it......

"You've made it to the third term of president and don't know how to be satisfied? Do you want to be a president for life, or even a ...... The King of the United States? But Theodore Roosevelt's heart was taken aback by the visitor's remark, and he realized how jealous the oligarchs were of a strong president, even if they were their "own people." From this point of view, Theodore Roosevelt realized that it may not be a bad thing for him to step down as a loser now, and if he led the United States to win the war and his prestige was further enhanced, I am afraid that those guys will not tolerate his fourth term as president of the United States anyway, but if he steps down now, there may be a chance in the future.

This kind of thing is not usually put on the table, and Theodore Roosevelt has always felt good about himself, and if it were not for the visitor's direct remarks because of the good relationship between the two companies, Theodore Roosevelt would definitely have understood after suffering a big loss in the future, and then I am afraid that there would be no chance of a comeback at all. Realizing this, Theodore Roosevelt solemnly thanked the visitors and once again called out "uncle" who had not been exported for many years......

The U.S. government accepted China's offer of a new border between the two countries in the Rocky Mountains, and the current peace talks were immediately overwhelmed, and representatives of the two countries signed a peace treaty in London, which later became known as the "Treaty of London." Under the treaty, the United States recognized the land west of the Rocky Mountains as Chinese territory and apologized for its "faults" in the opium trade and anti-Chinese trafficking in the past.

As for the reparations, although the Chinese government said no, the problem is that there are still more than one million American prisoners of war who have not been released, and Theodore Roosevelt is also trying to get the Chinese government to let the millions of former American citizens living in the lands west of the Rocky Mountains go. But if there is no blood, how can it be so simple to expect the Chinese government to be merciful and do so?