Use American funds, American resources, American goods, and American machinery and equipment to exchange a bunch of Chinese dollar bonds that I don't know if I can cash in 50 years, so as to help the Federation of Great China, the hegemon of the East, stabilize their economy, so that they can complete the transformation and become an economic power as rich as the United States as soon as possible...... Such a deal is actually good for the United States!

Such words actually came from U.S. Secretary of State Cordell. At Hull's mouth, Roosevelt gritted his teeth, and asked the FBI to check whether Hull was a Chinese spy, and looked at the other party seriously. Hull smiled and said, "Mr. President, in fact, the post-war economic depression is not only a problem for China, but also a problem for the United States, and in the past four years, the world war has brought unprecedented prosperity to the American economy and also caused a lot of excess capacity. For example, the steel, petroleum, automobile, machinery and other industries all have a surplus, and if we cannot find new markets for these production capacities, the postwar US economy may fall into a prolonged recession. The only country in the world that can absorb the huge excess industrial capacity of the United States is the Federation of Great China, which has a population of more than 650 million and a land area of more than 30 million square kilometers. Moreover, their industry is relatively backward, and it is simply unable to meet the needs of construction and domestic consumption, and it is definitely the best market for American industrial goods. ”

"Cordell! I guess you understand the difference between selling and giving, right? Roosevelt gave his secretary of state a cold look. Of course, the United States needs China as a market, very, very much! But that doesn't mean sending U.S. goods to China. In fact, the original wishful thinking of the US government and consortia was to balance China's potentially large future trade deficit with direct and indirect investment.

Of course, they know the future potential of the Federation of Great China, and they also know that the country will inevitably have a huge trade deficit in the process of construction, and the huge inflow of American capital will hedge these deficits. This has enabled China's current account to be balanced. To put it bluntly, it is to occupy the Chinese market while selling things to China.

However, Chang Ruiqing's solution to the future trade imbalance between China and the United States is to use Chinese government and corporate bonds to hedge the current account deficit, that is, to borrow money from the United States while buying American goods -- as for the date of repayment, it will probably be decades away, right? By then, the modernization of industry, agriculture, mining, and finance in the Great China Federation has been completed, and it will naturally be able to export goods to the United States to obtain trade surpluses to pay off these old debts.

On the surface, these two approaches to balancing China's trade deficit may seem like little difference, but the difference in substance is very clear.

The former is tantamount to exchanging China's market for capital, although China's capitalist economy has developed to a certain extent, and large capital consortia represented by the four major chaebols of Jiangsu, Zhejiang, Nanyang, Beiyang, and Hezu have emerged. But these so-called plutocracy, compared with the big American conglomerates, are not much better than the poor. A little thumb can overwhelm them! Therefore, the price of fully opening up the Chinese market must be the defeat of China's local consortium by the Anglo-American consortium (in fact, there are many Anglo-American and German capital companies in China, but because China has adopted a National Socialist economic line in the past). So the development of these foreign companies is restricted), and it will be a long time before they become the masters of China's economy, and even if the Chinese consortium can grow up and regain the market in the future.

The latter approach is in fact the method used by the United States in another time and space to deal with China, the world's factory -- the vast majority of the dollars China earns from trade with the United States can only buy American bonds. Instead of American resources and companies, there are also key technologies. Of course, China can still buy the assets that the United States wants China to buy, but these assets are definitely not high-quality assets, and no matter how much they buy, they will not rise! Now Chang Ruiqing wants to use this method to deal with the United States, of course, he can't hide it from Roosevelt.

However, Hull insisted that Chang Ruiqing's method was still beneficial to the United States, and he stepped forward and said in a solemn tone: "Mr. President, I think you should understand. Now is the time when Germany and China are at their most militarily strong, and economically at their most difficult! For such a case. Clausewitz, in his "On War", gave the simplest solution, which is aggression! ”

"Aggression!" Roosevelt took a deep breath and turned his head to look at MacArthur: "General, if there is a war with Germany and China, based on your military experience, how sure are we of victory?" ”

"I'm not sure!" MacArthur replied without hesitation: "If we go to war with one of the two countries of China and Germany alone, we will be at least fifty percent sure of it by virtue of the United States' maritime superiority." But if it starts a war with China and Germany at the same time, the United States will definitely lose! ”

"Defeated? Don't we have a nuclear fission bomb? Roosevelt looked at MacArthur with a gloomy gaze.

MacArthur smiled bitterly: "It is precisely because of the nuclear fission bomb that the United States is bound to lose!" ”

"Why?"

MacArthur grimaced and said, "Mr. President, bombers are needed to drop nuclear fission bombs, and suitable bases are needed to take off these bombers. But I don't think it's possible to get such bases in Europe and Greater East Asia with the military might of the United States...... Although Britain has reached many cooperation agreements with us, their goal is only to keep Canada and Australia, and they do not want to turn against Germany, and as for Asia, we cannot find any air bases that can threaten the Chinese mainland! On the contrary, China and Germany can infiltrate Latin America in various ways to obtain air bases that can threaten the US mainland! Unless the United States succeeds in building the Greater American Community, we will be at a very disadvantage in the era of nuclear war. ”

Roosevelt snorted softly, he knew that MacArthur's judgment was completely correct, the poor performance of the United States on the battlefield of the world war, coupled with the disagreement within the United States, made the progress of the Great American Community slow, although the "Inter-American Mutual Defense Treaty" was signed, but because the American military was forced to withdraw from Canada, the treaty existed in name only. So compared to China and Germany. The United States, on the other hand, in the New World, lacks the most security depth. The current United States can be said to be an economically rich, militarily "weak" (relative to China and Germany) country, rich but not strong by standard. In the face of China and Germany, two robber countries that are strong but not rich. I really can only use a little way to break the fortune and avoid disasters.

"Report!" Just when Roosevelt was in a dilemma, Colonel Caton's report came from outside the door, and Roosevelt shouted in a stiff tone: "Come in!" ”

Colonel Caton pushed the door and walked in: "Mr. President, our military mission in Berlin has just sent a telegram that an hour ago, the Germans just dropped a nuclear fission bomb with a 20,000-ton TNT explosive yield in Leningrad!" ”

The corners of Roosevelt's mouth twitched coldly, Leningrad was the second largest city in the Soviet Union. At least 2 million people live there! Hitler actually ordered a nuclear bomb to be dropped on a city of 2 million people, and these damned Germans didn't have a conscience?

Colonel Karton's words were not finished: "Mr. President, German President Hitler also proposed to our ambassador and head of military delegation in Germany. It was hoped that a peace conference would be held in Berlin to discuss the disposition of the three defeated countries of the Soviet Union, India, and Japan, as well as the question of the new post-war world order and post-war economic recovery. In addition, Hitler proposed the creation of an organization called the 'United Nations'. It was used to coordinate relations between the countries of the post-war world. Maintain world peace. ”

While dropping nuclear fission bombs on Leningrad and killing millions of Soviets, while inviting Roosevelt to Berlin to attend a peace conference and discuss post-war economic recovery, Hitler could figure out what intentions he had on his heels! Roosevelt gritted his teeth and turned his head to look at Hull: "Cordell, are we going to buy tens of billions of German bonds again?" ”

"Yes, I think the Mark bonds issued by Germany are a very valuable investment." Hull replied with a wry smile. "But the Germans haven't mentioned it now, and I don't think we need to take the initiative. Let's think about how to reach an agreement with China first, as long as it ...... China can remain neutral between the United States and Germany. We should have a way to resist German infiltration into the Americas. He paused for a moment and then said, "In addition, we can also make some other demands to the Chinese side, such as increasing the amount of war reparations payable by Japan to 2 billion US dollars, which I think is likely to be accepted by the Chinese; And we can ask the Chinese to help us solve the problem of tens of thousands of American prisoners of war captured by India, which should not be difficult for them; And finally, there is the Australian crisis......"

Roosevelt snorted softly: "I'm afraid the Chinese themselves don't want Australia to become the so-called 'homeland of Russians', right?" He gritted his teeth: "Actually, I don't object to Hitler's arrangement, less than 10 million British occupy the continent of Australia is a complete waste, if 70 million to 80 million Russians can have Australia, it will definitely have a positive impact on the future world pattern." ”

Hull frowned slightly: "But Mr. President, we have promised to support Britain on the Australian issue, and Britain is an important pawn for us to contain Germany after the war, if ......"

Roosevelt looked at Hull sharply, and said word by word: "Cordell, what can we do if we support Britain?" We are not the most powerful country in the world, and our military power is far inferior to Germany, not even China! If Germany insists on doing so, the United States can't help it! ”

"Yes, Mr. President, I see." Hull knew what Roosevelt meant, and the United States now got what it wanted from the British, so there was no need to fight Germany for Australia - so what special channel should Hull use to let Hitler know that the United States was not really opposed to Australia becoming the "homeland of Russians", because Australia was next to the Great Chinese Federation!

"What about the conditions proposed by Chinese Premier Chang Ruiqing?" Hull asked again.

"Just follow what you said earlier." Roosevelt thought for a moment, then said, "Two more conditions." Japan had to surrender to the victorious powers of China, the United States, Germany, and Britain before it could hold a plebiscite to join the Federation of Great China. In addition, India must also surrender to the victorious countries such as China, the United States, Germany, and Britain! ”

It is not difficult to ask Japan to surrender, although the Japanese GCD will definitely prefer to die rather than surrender, but as long as China conquers the Japanese mainland, there will always be a regime that will come out to represent Japan, and let them surrender when the time comes. However, it will not be easy for India to surrender, because China obviously does not occupy all of India. The intention to overthrow the Indian GCD, so how can the Indians be willing to surrender?

However, Hull did not object, and turned around to leave. Roosevelt stopped him again, and was silent for a while before he said: "Also, the United States must obtain control of the Mariana Islands and the Truk Islands, and the Midway and Wake Islands, which belonged to the United States before the war, must also be taken back by the United States." ”

"Okay, I'm going to send electricity to Hopkins."

Roosevelt's last two demands, if not mentioned, would have been put forward by Hull at the Berlin Peace Conference. Because in the Pacific, the U.S. Navy still has the upper hand. China will certainly not be entangled with the United States for too long over these "less important" islands, because they will soon have to worry about Australia.

……

Chang Ruiqing woke up late today because he got the news last night that Germany had dropped a nuclear fission bomb on Leningrad. The base camp held an emergency meeting overnight to study the trend of the war, and the meeting did not end until midnight.

"Sir, here's a roundup of today's newspaper and the National Intelligence Agency." Sun Yuexun, who was wearing a thin pajamas, placed a stack of newspapers and a text on a folding table directly on the bed.

The newspaper headlines, of course, were the news of the bombing of Leningrad by a nuclear fission bomb, the fourth nuclear fission bomb dropped on the heads of the Soviets. Moreover, it directly bombed the second largest metropolis of the Soviet Union - which greatly surprised Chang Ruiqing and the Chinese high command. Previously the Germans seemed to want to occupy a relatively intact Leningrad. I didn't expect to drop a nuclear bomb now. At yesterday's base camp meeting, Chief of the General Staff Zhao Zhen analyzed that the Germans may have made this decision because they encountered relatively stubborn resistance from the Soviet Union on the Western Front. After all, Leningrad is not an ordinary city, and it is difficult for the Soviet GCD to block the news that the city was bombed by nuclear fission bombs, which will definitely deal a big blow to the morale of the Red Army on the Western Front of the USSR!

The intelligence summary sent by the National Intelligence Agency mainly introduces the current situation of the Japanese Red Army, which is probably obtained by Yasuo Yasuda. Takeda's exodus from Nanyang was no secret to the top brass of the Japanese Red Army, so the question of surrender could now be openly discussed at the base camp meeting in Tokyo, Japan. However, the leaders of the Japanese Red Army still opposed Japan's complete integration into the Great China Federation, and they also wanted to fight for the status of a dominion or autonomous region. For the nuclear fission bombs that fell on the heads of the Soviets one after another. These high-ranking generals of the Japanese Red Army were not very afraid, they thought that the Chinese wanted to "convince people with virtue." Therefore, such a cruel weapon will not be used to kill or injure innocent people in Japan.

"Is there any news from Hopkins?"

"Yes," Sun Yuexun found a handwritten note from a pile of newspaper articles and handed it to Chang Ruiqing, "Hopkins wants to meet you today, and if it is not convenient for you, you can also meet Minister Wang." ”

"Oh, please come to the mansion." Chang Ruiqing sat up from the bed, Sun Yuexun took his clothes and began to serve him to dress. Chang Ruiqing instructed again: "Call Vice Premier Zhang and Minister Wang and ask them to come to the official residence together." Also, let's listen to what the Americans are going to do with the defeated Japan. ”

The place to say goodbye to Hopkins is a living room on the third floor of Chang Ruiqing's official residence, which is very spacious, with Western-style floor-to-ceiling glass windows, mahogany floors, and several Chinese-style ink paintings hanging on the walls. In the middle of the living room, an English-style tea table was arranged, and Chang Ruiqing, Zhang Junmao, Wang Jingwei, Sun Yuexun and Hopkins sat around the table. There were some Chinese-style refreshments on the table, and several people chatted while eating, and the atmosphere was relaxed and comfortable.

Hopkins didn't spend too much tongue chatting with Chang Ruiqing and them, but went straight to the point and explained the White House's answer to Chang Ruiqing's "debt issue and Huayuan's internationalization requirements" and conditions.

Listening to Hopkins's words, Chang Ruiqing frowned and was silent for a while, and then changed the topic: "Excuse me, what does President Roosevelt think about the Australian issue and the post-war disposal of the Soviet Union?" ”

"Mr. Chancellor, I don't know much about President Roosevelt's views on the Australian question and the Soviet Union's post-war disposition," a smug smile appeared on Hopkins' lips, and he shrugged his shoulders, "I suppose these two issues should be left for discussion at the Berlin conference in the near future, right?" If Mr. Prime Minister had communicated with our country beforehand, I could have asked Washington for a word or two. ”

"No, no need, let's go to the Berlin peace conference and discuss it." Chang Ruiqing shook his head, his expression was slightly solemn, and he paused: "Regarding the several conditions put forward by your country, we can in principle agree to let Japan surrender to China, the United States, Britain and Germany, and we can also accept Japan's condition of compensating the United States with 2 billion US dollars, and the Mariana Islands and Truk Islands, as well as Wake Island, Midway Island and other islands, can also be given to the United States." But...... The issue of demanding the surrender of the Indian GCD authorities and the release of all British and American prisoners of war is somewhat difficult to handle, and I am afraid that it will be difficult to achieve the goal without a single war, but we will still try to make representations and wait until the results of the negotiations are settled, and hope that we can further discuss countermeasures at the Berlin Peace Conference. ”

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