Deprivation

Australasia's National Day celebrations had become increasingly low-key. Unless something major happened, it rarely held grand military parades anymore.

After all, the nation's strength had already been established through its previous wars. Given Australasia's current status, there was no need to use military parades to bolster its prestige and position.

As time entered 1930, there were still several noteworthy points in the government's annual report meeting.

First was the population Arthur cared greatly about, which had achieved a breakthrough by expanding to more than 37.55 million.

Among nations whose populations were still growing rapidly during the economic crisis, Australasia could be said to be the only one.

Economically, Australasia's Gross National Product had reached a record 5.867 billion Australian pounds last year, while annual fiscal revenue had also reached a new high of 375 million Australian pounds.

However, much of this was due to the depreciation of the Australian pound. Although the scale of the economy appeared to have grown considerably, the actual change was not as great as imagined.

Current currency exchange rates: 1 pound = 2 Australian pounds = 11.24 US dollars (Great Lakes region) = 147 rupees = 244 francs = 135,555 marks (estimated value)

It was worth mentioning that the currency in the American territories occupied by the Anglo-French-Australasian powers was gradually being converted into the corresponding pounds, francs, and Australian pounds.

However, the US dollar was still popular in the Great Lakes region, though it had already entered a period of considerable depreciation.

Regarding the reparations the Great Lakes Federal Republic was about to pay, the various nations had already declared that they would not accept payment in US dollars. Instead, the debt would have to be repaid with industrial products, grain, mineral resources, and other goods with more stable economic value, as well as