It says -- I'll put on the voice -- "In summary, your Majesty, the failure to foresee the timing, extent and severity of the crisis was due to the lack of creativity and the number of bright minds," or something like that.
흉내를 좀 내볼께요. "폐하, 요약하면 위기의 타이밍, 정도, 심각성을 예측하는데 실패한건 창의성과 영민함이 부족했기 때문입니다" 뭐 이런식인 겁니다.