Let the "supremacy of heaven" become the commanding heights of the contention between the two sides, although from the perspective of dimensions, there is no essential difference between "supremacy of the sky" and "supremacy of the air", both of which are aimed at seizing the commanding heights of three-dimensional space. In this way, in some respects, the Celestial Forces are not even comparable to the Electronic Forces. The problem is that no one can ignore the enormous advantages brought about by the power of heaven. It can be said that at a time when the infrastructure of information systems of various countries is located in outer space, the right to control the sky not only surpasses the right to control the air, but is also a direct manifestation of the right to control information.

Since the beginning of the Tian year, the Republic and the United States have given top priority to the construction of the space army.

As mentioned earlier, the Celestial Army is a typical military force that focuses on defense, but no one can deny the powerful offensive capability of the Celestial Army. The key is here, in the construction of the sky, the defensive capability is equal to the offensive capability. From the perspective of comprehensive costs, the benefits of the Celestial Army outweigh those of the other three services. More importantly, the space force is the cornerstone of the country's strategic security, and its importance is self-evident when ensuring the security of the homeland is the main purpose.

It is precisely for this reason that the investment of the Republic and the United States in the construction of the space army is very amazing.

According to the later declassified information, in the year of Tian alone, the Republic of China paid no less than one trillion yuan for the construction of the space army in three ways: open, semi-public, and secret, which was equivalent to the irrigation of the official national defense budget of that year. In other words, the republic spends much more money on the construction of the Celestial Army than on the public. Like the Republic, the United States has invested a very large amount of money in the construction of the Space Force, and in addition to normal defense spending, it has also used a large amount of secret funds. It can be said that compared with the navy, which was previously known as the "gold-swallowing monster", the ability of the Celestial Army to swallow gold is definitely surpassed. According to the estimates of some international institutions at the time, the space forces were basically twice as capable of spending money as the navy.

Huge investment has brought huge financial expenditure.

Strictly speaking, in the year of the field, the actual defense expenditures of the Republic and the United States were far greater than the defense budgets of that fiscal year, and the national defense budgets were respectively 2 cents and 2 percent of the national defense budgets that exceeded the country's ability to bear under normal circumstances, thus affecting social construction and economic development.

According to the general understanding of the international community, national defense spending should be kept within the limits of the gross national product as much as possible, so as not to have a negative impact on the normal functioning of the country. The actual situation is not much different, and since the beginning of the year, except for the war expenditures during the war, the national defense expenditures of the Republic have always been controlled at about the gross national product, and in the early years of the decade, they were even reduced to about a tooth. It was not until the long years that it recovered to about Anhui. The situation is similar in the United States, where defense spending rarely exceeds the gross national product.

In the following year, the actual defense expenditures of the Republic and the United States were both around the size of the gross national product. There is no doubt that this is much higher than the normal period ratio and will certainly have socio-economic implications.

The most direct impact is the reduction of social purchasing power.

If the government wants to increase defense spending, there are only two ways: one is to increase tax revenue, and the other is to increase the amount of money. Under normal circumstances, the Government will adopt a two-pronged approach rather than adopting a single approach. In fact, the social and economic impact of these two games is basically the same, that is, the funds that should be in the hands of the people and used for daily consumption flow into the national treasury in the form of taxes or currency depreciation, and are eventually used for national defense construction. In this way, the purchasing power of society will be reduced, that is, the consumption power is often reduced. This leads to overcapacity in society.

There is no doubt that if it continues to develop, it will definitely lead to an economic crisis.

That's exactly what happened in the year. Only then did some people boldly predict that World War III would break out in the past few years.

You know, given the situation at that time, the economies of the Republic and the United States would collapse around the end of the year.

In fact, within a calendar year, the economies of both countries were in trouble.

In the first year, the US authorities took the lead in introducing policies to stimulate economic development.

It can be said that this is a clear sign that the economic crisis is coming.

Although there was no problem with the U.S. economy at that time, and even people felt overheated, after all, the huge military spending brought huge benefits to the exhibition of certain industries, which led to the overheating of the economy of some industries, coupled with factors such as stock market speculation, almost no one believed that the U.S. economy was in trouble, but economists all know that the huge military spending could not be sustained, and eventually it would either end in war or economic collapse, both of which meant that the U.S. social and economic model would be severely hit.

You know, this is the first time that the US authorities have introduced stimulus policies at a time when the economy is "overheating".

From the standpoint of the US authorities, this is also a choice of last resort. As far as the US Government is concerned, the task is not to do a good job in economic construction. Instead, they persevered until the moment the war broke out. Under U.S. law, as long as a war breaks out and the country enters a state of war, Congress grants the president the power to war. The federal president of the United States has supreme power, and economic problems naturally become secondary social problems. In the light of the current situation, if the US authorities do not introduce stimulus policies, it is very likely that the United States will not hold out until the day when the war breaks out.

In fact, this is also a question that all three major political parties in the United States are considering.

Fundamentally speaking, the arms race that began in Tian was provoked by the Republic, and the United States does not want to race against the Republic at this time, because the United States is still ready to do so. In this way, the politicians of the United States have to consider the so-called fat depression, that is, the aforementioned republican authorities do not want to fight a lose-lose war with the United States. Hence the use of the arms race to bring down the US economy. Finally defeat the United States.

On the other hand, this is not a low probability.

You know, it is much better to defeat the United States in a bloodless way, even if the republic has to pay a heavy price for it, than a world war. Judging from the situation at that time, Yan Jingyu, the head of the Republic, adopted Pei Chengyi's suggestion. And did not abandon the means other than war. In other words, until the last moment, Yan Jingyu will not consider using war to defeat the United States.

For the US authorities, there are practically no second options.

Economically, the chances of the United States defeating the republic are even more remote.

According to a survey report released by the United Nations in the year, if the consumption power of the market is used as a measure, the Republic occupies the mountain of the global market, the United States accounts for the paste, the European Union accounts for the lead, and other countries have only in total. ％。 If the number of people is used as a measure, the Republic occupies the global market, the United States occupies both, the European Union occupies it, Anhui and other countries occupy it. If we take the main resources of the species as a criterion, the Republic accounts for the global market, the United States accounts for the fierce, the European Union accounts for the gills, and other countries account for the gills. If the development potential of the economy is taken as the yardstick, and the potential index of the republic is the old O, the United States only has a cylinder and the European Union is a knife. It can be seen that in all aspects that are closely related to the economy. The United States is inferior to the republic.

What's more, American society is far less able to bear the burden than the Republic.

You know, after the year of self-reliance, the republic is the country that participates in the most wars in the world. According to another statistical report of the United Nations, in the year of the old year, the day to the year of the year. If the smallest unit is the day, the proportion of republics in a state of war or involved in wars is as high as endangered, the United States only has maca, and the European Union is not even less. In the eyes of almost everyone, the citizens of the League of Republics are better able to adapt to the impact of war on the country, and can even sacrifice some of their interests for it.

For the US authorities, it was not so lucky.

In a certain sense, the fact that the US federal government's economic stimulus package was passed by the Senate and House of Representatives has a lot to do with the US authorities' understanding of the future.

You must know that in order for the stimulus plan to take effect, it must first be approved by the Democratic New Party.

On this issue, the federal president of the United States has not made any less effort.

Even according to public reports, after the end of Christmas in the year of Tian and the beginning of March of the year, the US president met with the leader of the Democratic New Party, Du Qiwei, seven times in various ways, including at the White House, at the headquarters of the Democratic New Party in New Jersey, twice at the deleted television station, and two times at the American Veterans Association, where the President of the United States is also a retired soldier. In addition, the US president and Duchway met secretly three times, and the two discussed only one issue, that is, whether to introduce an economic stimulus plan.

Apparently, Duchway also believes that the economy should be stimulated.

What's more, even delete thinks. Dudgway must have reached a secret agreement with the president during this period, otherwise it would not have been possible to support the Republican Party on such a major issue.

In any case, judging by the situation at that time, no one at the top of the United States was optimistic about the future.

In other words, the US authorities chose the latter before the economy collapsed and war broke out.

The problem is that the situation on the side of the republic is not much better either.

As in the United States. At the time of the fierce years. The social economy of the republic is booming, and there is no problem at all. In some words at the time, some people even believed that as the population of the republic resumed growth around the second year, the republic would win a new golden age, and the stimulus effect of population growth would at least allow the economy to continue to grow for a better year, and there was no need to worry about the economy going downhill.

Obviously, the reality is nowhere near as good as it seems.

After the Spring Festival, the authorities of the republic did something very important. That is, the basic interest rate on deposits has been lowered. In the following months at the end of June, the basic interest rate on bank deposits in the Republic was lowered several times in succession. In the end, it was lower than the beginning of the year, 10,000 percentage points.

Without a doubt, this is definitely a "big deal."

You must know that in the early years, the renminbi was already one of the major currencies in the world, and it was a trade settlement currency recognized and accepted by many countries. It is also the main reference currency in the international financial community. In other words, from the point of view of safeguarding the fundamental interests of the state and the international prestige of the state, there is no reason for the authorities of the republic to adjust the interest rate on basic deposits so frequently in such a short period of time. Under the circumstances, for every one basis point or one percent reduction in the renminbi's deposit rate, countries that have close trade with the Republic, especially those that regard the renminbi as their main foreign exchange reserve, had to cut their deposit rates by at least two basis points. For these countries, this is undoubtedly adding fuel to an already "overheated" economy, which will make their economy even hotter, and eventually lead to an economic crisis.

More importantly, the successive cuts by the authorities of the Republic in the interest rate on RMB deposits indicate that the Republican economy is showing problems.

Unlike the United States, the central government of the Republic still lacks the transparency of major decisions on the latest Children's Day, before the government announces the elimination of the point. The outside world can only speculate. Of course, the political reforms have led to a much greater degree of transparency in government than in the past.

More importantly, the Government must submit a report on its work to the Plenary Assembly in July of each year. and explain each financial expenditure in detail. As a result, there is no longer a secret to the policy of the Government of the Republic. Of course, compared to the United States, it just has a certain time delay.

In July, with the arrival of a new fiscal year, the economic problems of the Republic were finally exposed.

In the fiscal year, the real fiscal revenue of the central government of the republic was nearly a gill percentage point lower than the budget revenue, and even though the growth rate of the gross national product was still about the same as that of the government, the decline in fiscal revenue already indicated that there was a serious social and economic problem in the republic.

According to the government work report, the main reason for the decline in fiscal revenue is the contraction of the domestic tertiary industry.

Obviously, this is definitely a harbinger of an economic crisis.

Since the adjustment of the industrial structure of Ji Youguo, the domestic market of the Republic has grown at an annual rate of excessive, and the tertiary industry has developed rapidly. By the time of the year, the proportion of the tertiary industry in the national economy has changed. The 4 of the old year was raised to about irrigation. It is precisely because of this that many people believe that it is not until the year of strength that the Republic has truly entered the ranks of countries, because according to the standards of some countries, the proportion of the tertiary industry in the national economy is an important indicator to measure whether a country's production capacity has reached. This principle is also very simple, only when the productivity is enough, can the material wealth that is enough to satisfy the whole society with the least labor force, so that more people can engage in the service industry, that is, the tertiary industry. Among the recognized countries, the proportion of the tertiary industry is around irrigation, the lowest will not be lower than irrigation, and the highest is close to 8 Ni, while the proportion of the tertiary industry in most of the countries in the exhibition is around irrigation.

The contraction of the tertiary sector can only indicate that the domestic market of the republic is beginning to shrink.

It is precisely for this reason that at the beginning of the fierce battle, the authorities of the Republic lowered the interest rate on deposits in the renminbi to stimulate economic development.

By July, the stimulus had been extended to deficit spending. In the annual budget approved that month, the deficit was as high as the highest in the year of the Woo year.

You know, before that, in the old years. The authorities of the republic have been paying off their debts!

Until the past few years, the economic policy of the republic had been relatively conservative, or rather, the financial power of the country had always been in the hands of the government, and even the plenary congress had no chance to intervene. In this way, when necessary, such as when it is necessary to pay for the war period, for example, when it is necessary to pay for the war period, the authorities of the republic will increase the fiscal deficit and pass on the burden of the war to the whole society. As a result, during the Great Depression, the Republic's economy fared better than several other major economies, and the renminbi depreciated as much as the dollar and the euro. In the year of the power medicine, Wang Yuanqing passed political reform. It constrains the government's power and prevents it from increasing the fiscal deficit as it pleases. From the year of the blade to the year of the low, except for the secret year. In addition to the annual and powerful years, in the other 7 years, the expenditure of the government of the Republic was lower than the budget, that is, there was a large fiscal surplus. By the time Gu Weimin left office, the sovereign debt of the Republic had been reduced to less than a fraction of the gross national product, and the debt problem had basically been eliminated. From this point of view, Gu Weimin's contribution to the Republic must not be ignored. It can even be said that if it were not for Gu Weimin's savings, the economy of the republic would have gone into serious problems long ago.

As in the Republic, the budget deficit of the United States coalition government was high in a strong fiscal year.

It can be said that in the short term, increasing the fiscal deficit is the only means to increase investment in national defense construction without having a fatal impact on the economy.

Of course, the immediate consequence of this is to shift the burden onto other countries.

You must know that the renminbi and the U.S. dollar are both the mainstream currencies in the world, and they are the trade settlement currencies and major reserve Chinese currencies of dozens of countries. The Republican and US authorities have increased their budget deficits. It is tantamount to taking the initiative to depreciate the renminbi and the dollar, that is, to make those countries that hold the renminbi and the dollar pay seigniorage, so as to transfer the economic pressure that should have been borne by the republic and the United States to other countries.

Of course, the problem is far from that simple.

For hundreds of countries, when the Republic and the United States are shouldered, they must make a choice, that is, whether to turn to the Republic or to join the United States. For Pakistan, North Korea, Iraq, Syria, Sudan, Argentina, Canada, Mexico, Australia, New Zealand, the Philippines, Israel, Djibouti, Eritrea and other countries, this choice is not difficult. But for hundreds of other countries. This is a very difficult choice.

More importantly, any government must consider its own national interests first.

As a result, the question of who to turn to is overwhelmingly large. That is, whoever gives the greatest benefit will take refuge in whomever he wants.

It was in this way that the Republic took the lead in taking action in the old months of the 2nd year.

In a sense, the world war dominated by the Republic and the United States broke out at this time, except that the battle before the gunfire was a battle without gunsmoke! , If you want to know what will happen next, please log in, more chapters, support the author, support genuine reading!