Chapter 1405 Another betrayal of India

Promote the affairs of two Asian powers at once, my Great Britain invincible ah, Alan Wilson felt, even if Bismarck in the world is no more than that, blah blah blah, in the field of diplomacy the Germans do not deserve to learn.

Feeling smug Allen Wilson, whether in Whitehall or at home, all look like a regular male possession of the dead virtues, really feel that he has begun to decide to win.

“What on earth is there to be pleased about?” Pamela Mountbatten just couldn’t see her husband getting carried away, of course she understood that her man was advancing diplomacy in Asia, but was it worth being so happy about?

“What do you know about long hair?” Alan Wilson proudly puffed out his chest, “The Pakistani civil war, if it causes India to attack, can raise the public’s awareness of the importance of the military, and as for the normalization of diplomacy, it’s even more of a boost to Britain’s economy. Another dollar crisis, the Bretton Woods system, which already exists in name only, even if it has completely come to an end, in fact, now it is just countries coincidentally pretending to be fine, maybe they are all secretly preparing to jump ship.”

“What will the pound be propped up with then? Of course it can also be supported by its influence in the Middle East, but it is still a little thin. The economic and trade relations in East Asia will be a strong support for the pound. Currency is ultimately to buy things, can not buy things that is not a piece of waste paper? In fact, according to the statistics of the Xiangjiang side, even the re-export trade and smuggling are counted, the United Kingdom has long been a trade surplus. This situation will continue.”

Contrary to people’s impression decades later, when it was just opened up, a big country was a trade deficit country for more than ten consecutive years. Become the largest surplus country that is also a year by year gritted teeth up.

This long-term trade deficit, which country is the biggest beneficiary, Allen Wilson does not know, but from common sense to deduce that the biggest beneficiary should be Japan, because Japan in the same period of time is the most inflated time, no good thing Japan will do?

Japan’s return to the United Nations also voted against it, a few years after the honeymoon period between China and Japan is certainly profitable.

In this world will not bother the Japanese obviously heart is not willing to still accompany the smiling face, this aggrieved how can let the Japanese to bear it, do the United States of America’s production base has been so hard, can not continue to bear the spiritual insult, or let the United Kingdom this forbidden area to do this evil is better.

There will be no longer exist what China and Japan honeymoon period, going forward, only the golden decade of China and Britain, in East Asia to grow economic and trade relations, will become the pound area barriers to help.

“Waste so much effort to retain Malaya, is waiting for the normalization of Sino-British relations. If there is only Xiangjiang, the potential for increased economic and trade relations between the two countries is limited, but now it is much easier.”

“Is it really such a big help?” Pamela Mountbatten listened to her husband shouting keys to come, could not help but ask rhetorically, “Then what is the relationship between the collapse of the Bretton Woods system and the development of economic and trade?”

“The British pound will be converted to a sovereign physical currency after the collapse of the Bretton Woods system. Capacity will be needed at that time.”

Alan Wilson didn’t want to hide anything from his wife, “In the long run they may also become a very formidable opponent in the future, but that’s later, the immediate problem is Japan, even Japan can’t manage to talk about what later?”

The yen had a brief moment of glory in the 70’s and 80’s, but didn’t it still rely on Japan’s production capacity to hold it up?

Either you have energy or industry, you have to have one. If neither is strong, then you’re waiting to be harvested by the tidal wave of dollars, and even if both are still pretty strong, you have to see if there’s an American garrison in the country.

In fact, the bright future that Japan had in mind was at best something that could approach the level of Cold War Britain, but at some point in time the Japanese had the illusion that Japan could even surpass the United States. In the end Japan paid a heavy price for that illusion.

Japan and South Korea are actually dumbbell structure of the economy, importing raw materials and exporting commodities, Japan and South Korea in the middle is just a production base role. Can develop really thanks to the United States of America’s indulgence. With the two countries own domestic barren foundation, is impossible to have that kind of status.

As long as a little bit of understanding to know, Japan and South Korea’s standard of living than Europe is far worse, thirty thousand dollars per capita to pay the price is unimaginable in Europe, and thirty thousand dollars per capita in Europe is what level it is, that is, the level of Greece, Greece is the outbreak of the debt crisis in the country.

“You’re going to insist on the pound as the settlement for trade?” Pamela Mountbatten questioned, “Will it work? After all these years, we don’t understand the situation over there.”

“If Nyerere can do it, there’s no reason why Britain can’t.” Allen Wilson mentioned the economic and trade contract signed by Nyerere, that was settled based on the British pound.

A condition that a former colony in East Africa was able to fight for, but Britain couldn’t instead? Isn’t that a bit of a stretch?

“But in a short period of time, we need a substitute, the Bengal region will be completely destroyed after this war, after 60 million Bengalis are penniless, we through the loan method, for this newborn country to set the debt, used as a temporary textile base to maintain the production of the pound area.”

Renewal and opening up would have to wait a while, after all, and in between the formal dissolution of Bretton Woods and the opening up of the system, Britain would have to find a place to keep the pound in circulation for the time being.

Sixty million people in Bangladesh top a few years is not a problem, and do not have to top too long, of course, in exchange for, although Bangladesh will be burdened with heavy debt at that time, the United Kingdom can provide real estate Xingbang strategy, at least will be the capital of Bangladesh Dhaka built.

Real estate to build up the country Britain is also considered an old hand, the capitals of the British African countries are ten years ago the British established, increased the circulation of the pound reserves and the debt of these countries, these countries get a look past the capital, everyone has a bright future with each other.

Alan Wilson was still very optimistic about the future of Bengal, after this war the Bengalis were faced with the status quo of sweatshops or starvation. The Bengalis, who had already nearly lost everything in the war, simply had no choice.

“The country is truly lucky to have you.” Pamela Mountbatten’s eyes were full of adoration, and she burrowed right into the arms of the men all whispering.

“There’s such a thing as patriotism in this world.” Reaching out and stroking the back of his wife’s head, Alan Wilson boasted with gusto, “Of course we all know that it’s the Prime Minister’s doing.”

Harold Wilson at 10 Downing Street sneezed for no apparent reason, with a thoughtful look on his face, had he caught a cold?

In avoiding the problem of the dollar overissuance flooding, in fact, the United Kingdom has another option, is to join forces with France, the world in addition to the pound area, there is also the franc area, the area of the national currencies of the countries within the area and the French franc to maintain a fixed ratio, and can be freely exchanged with each other.

The French franc is the main reserve currency in the area, the countries in the area of mutual payment and settlement of all the use of the French franc; funds within the area of the general movement of unrestricted; the countries of the gold and foreign exchange reserves centralized in France for safekeeping; the area of the implementation of the “common financial and monetary policy”.

In fact, the franc zone because of France’s strong control, has existed until the twenty-first century, the vitality than the British pound area much more tenacious.

But if and France joint? To be honest, it would be better to think of a way in Asia, the French will feel that they are at a disadvantage, and the United Kingdom can not fully trust France, even if the cooperation is full of nasty.

The African countries in the franc zone are definitely at a disadvantage, but how should this disadvantage be viewed, the franc is certainly not in their favor, but the level of the African countries themselves issue currencies that are not as good as the franc.

The Nyerere, which had become independent, issued its own currency, but it depreciated faster than the Kenyan shilling, which was still issued by Britain, resulting in a newly issued currency that was not nearly as stable as it had been during the British colonial period.

This of course was good for Britain, and immediately used the media to use the Nyerere as a counterpoint, stating that the newly independent country was dead in the water if it left the sterling system.

According to the grapevine, Burma was interested in inviting Britain to put a stop to its neighbor’s war because of the refugee crisis from the Pakistani civil war.

This news has been circulating within the UK, and along with the recent images of the suppression of the Bengalis being shown, has led to some people starting to discuss whether the UK should shoulder its international responsibility to stop the continuation of the war through some means.

This public opinion, of course, was sternly rejected by the British Foreign Office, stating that the already independent country was capable of handling its own affairs, and that Britain’s sending in troops would only complicate matters further.

“Of course it has to be so stated, and at this stage we need to convince the US and the USSR that Britain has no interest in the situation in South Asia. Cede the main battlefield.” Alan Wilson held a cigar in his mouth, the cigar on his mouth bouncing with his words as he spoke, “As for what the citizens think, will there be some disappointment, that doesn’t matter, the will of the citizens is only useful at the time of the election, the votes are cast, who cares what they say?”

Whether Britain sends troops or not has nothing to do with public opinion, it is purely a matter of national interest, and Burma’s stance will be an excuse for Britain to intervene as a last resort when the time comes, but not now.

With the coming of the season of closure of the Himalayas, for India the possibility of intervention by outside forces has disappeared.

On this day Sam Manekshaw, Chief of the General Staff of the Indian Army, arrived at the Prime Minister’s residence with a detailed battle plan, knowing that Indira Gandhi and the ministers had been waiting patiently for months.

“Honorable Prime Minister, Ministers, it’s been a long time.” Sam Manekshaw opened the door and explained on the giant map of South Asia, “The main direction of attack is East Pakistan, for the western border take a defensive position and hold off the main Pakistani Army force. After routing the East Pakistani defenders, concentrate on the western front, no doubt this is a two-front war, but I am convinced that it will not take too long to capture the whole of East Pakistan.”

John Mansfield, the first ambassador to China, was given the first task of articulating Britain’s original intention of not wanting war to break out, even though India was about to attack. But Britain could never leak information to Pakistan that a large-scale war was about to begin.

But there was no such problem with a certain major power leaking it. Everyone knew that China and Pakistan wore the same pants, and that had nothing to do with Britain.

Half of the population of Pakistan are civil unrest, absolutely can not withstand India’s attack, but in order to prolong the time of conflict between the two countries, Allen Wilson is also worrying, can be more than a day is a day.