Holy Roman Empire

After all, the situation is clear now, no matter who comes to power, he, the former leader, will not be spared.Who let him break the rules of the game first?

Not only is he the boss who can't escape, but the younger brothers behind him are also unable to escape the liquidation.But people are lucky, and Daniel's reluctance to run does not mean that his subordinates will not run either.

Even if you can't get out of the city, but Paris is so big, you can just find a small corner and drill in.In this age of chaos, it is not easy to find a person from a corner.

……

The absence of troops to attack the city does not mean that Carlos does not care about the development of the situation in the city.In order to control the intelligence at the first time, Carlos sent airships to investigate every day.

It is impossible to understand the details, but Carlos is still clear about the general situation in the city.Once the new revolutionary government is over, whether he wants to take over the mess in Paris or not, he still has to take over.

If possible, he would prefer to take over later.Even if it would result in a longer time for his succession, Carlos would not hesitate.

There is no way, if we take over the offer one day earlier, we will take on the important task of rescuing the people and restoring the economy one day earlier.It's not that Carlos likes to evade responsibility, the problem is that the mess is too big, and it is likely to crush his shoulders if he takes it all at once.

If there is not enough food, buy it. Vienna’s control of food export is only aimed at the revolutionary government, and the Bourbon Dynasty is not within the scope of restrictions. The only problem is that there is no money in the pocket.

Times are changing, and so are the costs of restoration.Even with the support of the aristocratic group, after forming a restoration army and resettling a large number of refugees, Carlos' pockets were already empty.

"Borrowing money" is undoubtedly another headache.France's huge debt has scared away all international banks.

In order to raise funds, Carlos started a crazy sale mode.

Overseas assets invested by the Bonaparte dynasty——sell; a series of infrastructure including ports, roads, bridges, and parks——sell; state-owned banks, industrial and mining enterprises——sell; seized and confiscated rebellious party industries——sell ...

In short, there is nothing that cannot be sold in any industry that can be realized.If someone pays, I guess Carlos would not mind even selling the Palace of Versailles.

The most regrettable thing is that the situation in France is now collapsing, and the originally priceless industry can only be sold at a floor price.

The floor price must also be sold, who made them short of money?Generally speaking, recently, Carlos has done one thing: raise money-buy food.

Inside the headquarters of the restored coalition forces, Lieutenant General Felix reminded: "Your Highness, the sound of the guns in the city has subsided, and it seems that the battle is coming to an end.

The time to capture Paris is approaching, and now we need to organize manpower to clear the mines and clear a road for the army to pass. "

When laying mines, how fun it is to play; when clearing mines, how hard it is.No one knew that civil strife would break out in Paris, and the mines were laid as strictly as possible to prevent the enemy from rushing out.

The inner three floors and the outer three floors are densely packed with landmines.Even the soldiers responsible for planting mines can't remember exactly where they buried them.

Facts have proved that the landmine siege method is indeed very effective. The defenders in the city were bombed many times and cried for their parents.

It is troublesome when clearing mines. This is a high-risk job. If you do not operate well, you will be sent to heaven.

"Organize people to dig slowly. This kind of thing can't be done quickly. The food in the city should be able to last for a few days. We still have time. When necessary, we can organize airships to drop food into the city."

They were all high-sounding bad ideas, but Carlos said them without changing his face.

I slowly discovered that it seemed that I was responsible for the personal safety of the soldiers who cleared mines, but in fact I wanted to take over the mess later.

Originally, the food in the city of Paris could last for a while, but after this wave of civil war, it is unknown how many days it can last.

What's more, people's hearts are complicated. Even if there is food in the city, it is impossible to distribute it to everyone fairly.The end result is nothing more than that those in power continue to feast on their meat, and ordinary people continue to suffer from hunger.

Airdropping food is even more nonsense. Just the few old and broken airships in their hands can only drop more than ten tons of food into the city every day.It seems like a lot, but it is actually a drop in the bucket.

Don't worry about scarcity but unevenness. If there is not enough food, you can only grab it.In a sense, throwing food into the city is not solving the problem, but intensifying the conflict.

Knowing that it was a bad idea, Carlos had no choice but to adopt it, because now he had no better choice.

As a reserve king, when the people are in dire straits, he always has to do something.Even if the sequelae of these measures are serious, the starting point is always good.

Throughout the ages, too many people who did bad things were forgiven in the end as long as they added "good intentions"; while those who really did good things often faced accusations of impure motives.

Able to stand out from many candidates, Carlos naturally does not lack political skills.If it was really a waste, even if the nobles were willing to accept a useless puppet, the Bourbon dynasty would not let him come out to shame him.

The situation in France is so chaotic, no matter who goes up, if the means are not ruthless enough, they will not be able to gain a foothold.

Looking at the problem from another angle, the more chaotic the situation in Paris is now, the greater the casualties caused, and the smaller the hidden dangers to be faced after taking over in the future.

After this chaos is over, it is estimated that for a long time to come, the people of Paris will change their faces towards the Revolutionary Party.

……

The wheel of history rolls forward, which cannot be stopped by individual will. On December 1893, 12, the radical revolutionary regime led by Daniele was destroyed in the vast ocean of the People's War.

On December 12, the Bourbon restoration group led by Carlos officially entered Paris. On the 10th, Carlos was crowned king in the dilapidated Palace of Versailles. Since then, France has once again opened the Bourbon era.

The restoration was successful. Looking at the messy Palace of Versailles, Carlos, who regained Bourbon, was not happy at all.

The hard years have just begun, not only the Palace of Versailles is dilapidated, but the whole of France is in ruins.Settling refugees, restoring the economy, and repaying debts have become the three mountains that weigh on Carlos.

Chapter 11 The stock market crash is coming

No matter how hard life is, life still has to go on.After the shabby enthronement ceremony was completed, Carlos's first decree was a big liquidation.

There are not many good people in the city of Paris now, and those who can survive are not fuel-efficient lamps. If there is no internal cleaning, His Majesty Carlos will not be able to sleep.

The main targets of the liquidation are naturally the remnants of the revolutionary government, including the middle and lower-level bureaucrats who defected to the past, as well as the gangsters and vicious criminals who took advantage of the chaos in Paris.

"A government run by water, officials made by iron."

It is no longer applicable.There are a large group of nobles who support the restoration of the Bourbon dynasty, and the cake is obviously not enough for the positions vacated by the top.

The big nobles look down on the official positions of these sesame mung beans, which does not mean that the small nobles in the countryside are not interested either.What's more, even if they themselves are not interested, there are brothers, sisters, and collateral children who need to be resettled.

After all, these people are the core of participating in the Restoration Noble Coalition, and now that it is time to reward meritorious service, Carlos can't get enough bounty, so it's not too much to arrange a job, right?

Then, the bureaucrats who have been sitting in the land for a hundred years will be unlucky.After lurking for so many years, he was finally caught.

If you don't check, you don't know. If you check, you will be shocked.Rumors from the outside world include "Napoleon IV emptied France" and "High-level republican government emptied France", and it turns out that these are indeed rumors.

They are all running away, even if they can take money and leave, how much can they take away?Those who really have the strength to short France are still this group of unobtrusive bureaucrats.

Maybe one didn't take much away, but it couldn't hold them back.Everyone gets a share, and no matter how strong the family is, it will be emptied by the bureaucrats.

Among other things, one-third of the real estate in Paris is occupied by these bureaucrats.In many factories and enterprises, there are also dry shares of these people.

There are even more seized cash and floating wealth.For example: In the home of a director named Ferdo, 200 kilograms of gold, some gold and silver jewelry, and hundreds of billions of francs were found.

Well, let's not talk about francs.In the franc issued by the republican government, the figure of the largest denomination has ten zeros after it.Everyone is a billionaire, and the purchasing power of hundreds of billions of francs is not as good as the previous thousands of francs.

The only difference is that among the seized francs there are still a large number of small currencies, which are obviously a product of the Bonaparte dynasty era, adding up to hundreds of millions of francs.

There is no doubt that this is obviously not the time for the seizure.The once huge money has now become waste paper. A piece of bread costs tens of millions of francs, and the mountain of small francs is not enough for ordinary people to eat for a week.

Thinking about it is also drunk. Even the huge greed has not been able to outperform inflation. I really don’t know how ordinary people survived.

House raids that haven't caught up with the peak of wealth may seem like a huge wealth figure, but the actual value is greatly reduced.

Carlos was not disappointed, which was to be expected.Although the franc is worthless, foreign exchange, gold, silver and jewelry are still good.Adding all these things together, there are always tens of millions of Aegis, and it is still possible to solve the urgent needs.

The remaining real estate, corporate dry stocks, etc. cannot be converted into cash for a while, so it is difficult to calculate the specific value.

Where there is money, there is food, and when there is food, the situation can be stabilized.Against the background of the "excellent performance" of the previous two governments, the Bourbon dynasty, which can barely fill everyone's stomachs, has become the savior in the hearts of the people.

No one knows how long this kind of gratitude can last, but the situation in France has been stabilized in the short term.The resumption of production has been put on the agenda, and social order is becoming normal.

……

Seeing the struggle of the Bourbon dynasty, Franz breathed a sigh of relief, as long as Carlos can stabilize the situation in France, he will be content.

As for the issue of indemnity, it’s good to have it, but it’s okay to not have it, and it’s okay to delay it for a long time. Anyway, Franz will not go to collect debts when the French have no money.

However, good times are always short-lived.Affected by the end of the French Civil War, after the Vienna stock market hit a new high on January 1894, 1, the market quickly plunged 6 points in the afternoon, and the military sector led the decline by 9 points.

This was just the beginning. After the market opened the next day, the military industry sector led the decline again. By the end of the afternoon, the sector had fallen by 19 points.

In just two days, 15% of the market value of the military industry sector evaporated, directly drying up the market by [-] points, and billions of Aegis wealth disappeared.

The matter is not over yet. After the end of the tormenting weekend, the stock market opened again next Monday and fell by 3 points. The military sector continued to lead the decline by 7 points, and some stocks even lost 90.00% of their value.

They are both the financial centers of the Holy Roman Empire. The stock market in Vienna plummeted, and Frankfurt naturally couldn't escape.At this moment, both are bad brothers and bad brothers, and no one is luckier than the other.

In January, the stock markets of these two major financial centers fell all the way. Even if they rebounded occasionally, they fell back the next day.

As of the end of January, the Vienna stock market has fallen by 34.7% from its peak, and Frankfurt is not much better, with the overall market falling by one-third.

The military industry sector that detonated this crisis is even more impossible to watch.Those cut in half are high-performance white horses, and two-thirds of them are companies with core technologies. It is not bad for ordinary companies to retain one-fifth of their market value.

There is no way, military enterprises are cyclical stocks that eat war dividends, and it is not bad to be able to make profits in peacetime.As gorgeous as the financial statements were during the war, the post-war statements are as rubbish.

The current decline is just the market panic caused by the end of the French Civil War.Franz is sure that if these military enterprises release their financial statements for 1893, the stock price will fall even further.

The reason is naturally very simple. Last year, orders from the Shinra military dropped sharply, and the Anti-French Alliance, a group of large arms importers, also stopped purchasing.

The French Civil War and the Japanese-Spanish War, which everyone placed high hopes on, mainly consumed the inventory after the victory of the Anti-French War, and did not bring too many orders to domestic military enterprises.

Without orders, naturally there will be no performance.Almost all military industrial enterprises have carried out large-scale layoffs last year, which is the biggest negative in itself.

In fact, military stocks began to decline as early as the end of the European War.However, in the middle of the year, the situation was tense, the Anglo-Austrian conflict was imminent, the Japanese-Spanish War and the French Civil War broke out successively, and the market once again heated up.

Unfortunately, the one who caught up with this last wave was the Pan Xia.The main factor that caused the stock price to plummet was because the French Civil War ended too soon, and the dealers did not complete their shipments.In order to stop the loss, we can only sell wildly.

The stock market crashes, and the real economy will not be better off either.Enterprises that can complete the transformation in time are always a minority.The vast majority of companies still have a fluke heart and want to carry it through.

Along with the stock market crash, a series of problems such as financing difficulties, bankruptcies, and unemployment also followed one after another, which directly interrupted Franz's good mood.

Originally thought that the economic crisis was triggered by the financial bankruptcy of the Italian state, but did not expect the French Civil War to end early and burst the bubble first.

The bubble is beyond the plan, and the bursting time is ahead of time, which is obviously not a good thing, which means that the preparations for the Vienna government have not yet been completed.

There is no way, the confidence of the market is too fragile to withstand the toss.The bad news of the end of the French Civil War led to the bursting of the military industry stock bubble, and it was impossible for Franz to go in and take over the market by himself in order to extend the time.

Frankly speaking, he admired those warriors who dared to take over the market on the first day of the stock market crash.Especially those who play long with leverage, they are the warriors among the warriors, referred to as dead warriors.

Admiration is admiration, and imitation is unnecessary.Once the prelude to the stock market crash kicks off, whoever enters will be swallowed up.

Affected by the stock market crash, the police in all major cities of the Holy Roman Empire had to work overtime.High-rise buildings, bridges and rivers have all become key monitoring targets. Recently, the frequency of dumplings has been too high.

According to the statistics of the Vienna government, the number of suicides in the Holy Roman Empire in January 1894 increased by 1% compared with the same period last year, and there were even more people who attempted suicide.

There is no way, the world is so cruel.Since you choose to go to the gambling table, you have to bear the consequences.

The only thing that comforts Franz is that not only his family is unlucky, but also a large group of bad brothers and brothers.

As the world's largest economy, the economy of the Holy Roman Empire has problems, and every industrial country in the world can't escape.

Chapter 12 The Shrewd William II

The bubble was burst, and Shinra, as the economic leader, suffered the most losses; Britain, as the second largest industrial country in the capitalist world economic system, naturally suffered the second largest losses.

Regardless of whether the two countries are already at odds politically, but economically everyone has long been tied together.The economic bubble of the Shenluo Empire was serious, and the economic bubble of Britain was not far from it.

In fact, the crisis should have erupted after the end of the European war, but it was suppressed by the joint forces of all parties.

The government of Vienna took steps, and the government of London was not idle.When the Gladstone cabinet was in power, Britain's diplomatic strategy almost collapsed. If the economic prosperity is gone, the British people will probably tear them apart.

The cabinet wants to spend its final term safely, and the consortium needs time to retreat. The two sides hit it off and artificially created a virtual economic prosperity in the second half.

The economic crisis that should have erupted in 1893 has been delayed until now.If it weren't for the thunderstorm in the Vienna stock market, it is estimated that the crisis will continue in the future.

In this context, Robert Cecil, who had just taken office, was tragic.Before the buttocks could sit still, the stock market crash came, and the economic crisis was about to erupt.

These days, Britain implements a free economy, and the government cannot interfere with the market.Of course, it's good to listen to this, if you are serious, you will lose.

Not being able to directly intervene in the market does not mean not intervening at all.In fact, the government's economic policies, laws and regulations are all important factors affecting economic development, the difference lies only in the degree of intervention.

Including adjusting tax rates, social relief, joint consortia to save the world, launching foreign wars to divert crises, etc., are all part of government intervention in the market.

"What's the matter, does the consortium agree to rescue the market?"

Prime Minister Robert Cecil couldn't help being in a hurry. Since the economic bubble was burst, the London stock market has also followed in the footsteps of the Vienna stock market and started a continuous decline.

Unlike the conservative country like Shinra, where a large group of family businesses hold on to their shares and do not go public, Britain has the most developed financial industry, but all large-scale companies are listed companies.

It is easier for listed companies to obtain financing, which is conducive to accelerating the development of enterprises. The sequelae are that enterprises are affected by stock price fluctuations.

The management model of professional managers seems to be very scientific, but the company's money is not their own after all.In order to obtain higher returns in the short term, corporate management is usually more aggressive when formulating strategies.

Normal times are fine, but once the stock price falls sharply and corporate financing becomes difficult, aggressive development strategies often easily lead to a break in the corporate capital chain.

In contrast, conservative family businesses that are not listed on the stock market prefer to be steady and steady.Although the development speed is a bit slower, the company itself rarely has large debts, and maintains sufficient capital flow most of the time, without the risk of capital chain breaks.

The most important thing is that large companies that are not listed are usually high-quality companies with good profitability and strong market competitiveness, and their own ability to resist risks is the strongest.

For details, you can refer to the royal consortium of Wen Franz. Most of the listed companies are high-risk technology companies, or companies with insufficient profitability and uncertain development prospects, and companies whose development potential has touched the bottleneck of the industry.

Companies that are really profitable, or are in the stage of rapid development, all nest in the bottom and make a fortune. When they develop to the bottleneck of the industry's upper limit, when is the time to go public and cash out.

What about growing together and sharing together, just listen to this kind of deceitful nonsense.A high-yield business that is stable and not lost, is it not good to hold it in your own hands, why should you share it?

Maybe some companies have done it, but such companies are rare. There are only a hundred or eighty companies out of thousands of listed companies, and most companies perform mediocrely after listing.

Enterprises that can operate stably, outperform inflation, keep up with the speed of national economic development, and have no thunderstorms are all conscientious enterprises.