Holy Roman Empire

Chapter 1000 - Here Comes the Stock Market Crash

No matter how hard life gets, life goes on. After the shabby enthronement was complete, Carlos's first decree was the great purge.

There were few good citizens in Paris now, and those who survived were not easy to come by, so His Majesty would not be able to sleep without an internal purge.

The main targets being liquidated were naturally the remnants of the revolutionary government, including the middle and lower class bureaucrats who had fallen to the past, as well as the hooligans and vicious criminals who had taken advantage of the great chaos in Paris.

"Running government, iron officials."

It doesn't apply anymore. There was a large group of aristocrats who supported the Bourbon restoration, and the cake was clearly not enough to share just the positions vacated at the top.

Just because the big nobles didn't care for these sesame seedy official positions didn't mean that the small countryside nobles weren't interested either. Moreover, even if they themselves weren't interested, they still had siblings and side children that needed to be placed.

After all, the core of those involved in the restoration of the noble alliance was this group of people, and now that the time had come for merit, it was not too much to ask that Carlos couldn't come up with enough bounty to arrange a job, right?

And then, these bureaucrats who have been sitting on the floor for a hundred years are out of luck. After lurking for so many years, they were finally on the hook.

Do not check, do not know, once checked astonished. The rumors in the outside world include "Napoleon IV emptied France" and "the senior management of the republican government emptied France", but it turns out these are really rumors.

Even if they could roll up the money and leave, how much could they take with them? The one who really has the power to shortchange France is this group of obscure bureaucrats.

Maybe one didn't take much, but they couldn't help but be outnumbered. Each share, no matter how strong the family base will be emptied by the bureaucrats.

Let's not forget that one-third of the real estate in Paris is occupied by these bureaucrats. Many of the factory enterprises also had dry shares of this gang.

The seizure of cash and floating property that's even more. For example: the home of a director named Feldo was searched for 200 kilograms of gold, several gold and silver jewels, and hundreds of billions of francs.

Well, let's not talk about the franc. The republican government issues francs with ten zeros after the largest denomination number. Everyone is a billionaire, and the purchasing power of hundreds of billions of francs doesn't even compare to the hundreds of thousands of francs that were issued before.

The only difference was that the seized francs also contained a large number of small amounts of currency, clearly from the Bonaparte era, adding up to hundreds of millions of francs.

There is no doubt that this was clearly a bad time to seize it. Once a huge amount of money to now has become waste paper, a piece of bread are tens of millions of francs, a mountain of small francs is still not enough to feed the average person a week.

It is also drunk to think about it, the huge corruption has not been able to beat the inflation, I do not know how the ordinary people survive.

The confiscation of homes that didn't make it to the pinnacle of wealth seemed to reap huge wealth figures, but in reality their value was greatly diminished.

Carlos was not disappointed, which was to be expected. The francs were worthless, but the foreign exchange, gold, silver and jewels were still good. Together, the forest and the tens of millions of Godshield were always there, and it was still possible to relieve immediate needs.

The rest of the real estate, business dry stocks and the like, can not be realized for a while, it is difficult to calculate the specific value.

There is money, there is food, there is food will be able to stabilize the situation. In the previous two government's "excellent performance" against the backdrop, can let everyone barely fill the stomach of the Bourbon dynasty, has become the people's heart savior.

No one knows how long this gratitude will last, but in the short term, the situation in France has been stabilized. Production is back on the agenda and social order is normalizing.

......

Watching the Bourbon dynasty struggle, Franz breathed a sigh of relief, as long as Carlos could stabilize the situation in France, he would be content.

As for the issue of reparations, it was good to have them, but it was also fine to drag them out, and Franz wouldn't be able to collect the debt when the French were broke anyway.

However, the good times were always short-lived. Affected by the end of the French Civil War, the Vienna stock market on January 6, 1894, after hitting a new high, the market quickly dived nine points in the afternoon, and the military sector was even led by 21 points down.

This is only the beginning, the next day after the opening, the military plate again led the fall, the afternoon closing plate has been down 19 points.

In just two days the military industrial plate evaporated one hundred and forty percent of the market value, directly to the market dry down 15 points, billions of S.H.I.E.L.D.'s wealth disappeared.

The matter is not over yet, after the end of the torturous weekend, the next Monday stock market opening market fell three points again, the military industrial sector continued to lead down seven points, some stocks market value even evaporated ninety percent.

Both are the financial center of the Holy Roman Empire, the Vienna stock market plunged, and Frankfurt naturally couldn't get away. At the moment both are rotten brothers, no one is luckier than the other.

In January, the stock markets of these two major financial centers as a whole went down, even if they occasionally rebounded, and then fell back the next day.

By the end of January, the Vienna stock market was down 34.7% from its peak, while Frankfurt was not much better, with the overall market down by a third.

The military-industrial sector, which triggered the crisis, was even more unwatchable. The waist cut are superior performance big white horse, two-thirds of the waist cut are core technology enterprises, general enterprise can keep one-fifth of the market value are considered good.

There is no way, the military industrial enterprises are already eating war dividends of the cycle stocks, peacetime can be profitable is good. As flashy as the financial statements were during the war, the post-war statements were crap.

The current decline is just a market panic triggered by the end of the French Civil War. Franz is sure that if these military-industrial companies had released their financial statements for 1893, their share prices would have fallen even further.

The reason is simple: last year, the Shinra military's orders dropped sharply, and the anti-French alliance, a group of big weapons importers, also stopped purchasing.

The French Civil War and the Japan-Spanish War, which were highly anticipated by everyone, mainly consumed the stock from the victory of the Anti-French War, and were not able to bring much orders to the domestic military enterprises.

Without orders, there is naturally no performance. Almost all the military companies, which made major layoffs last year, were themselves the biggest shortfall.

In fact, military stocks started a downward spiral as early as the end of the war in Europe. Only the middle of the year was tense, the Anglo-Austrian conflict was on the verge of breaking out, the war between Japan and the West and the French Civil War broke out, and the market once again heated up a wave.

Unfortunately, it was the catch that caught this last wave. The main factor that led to the stock price plunge, or because the French Civil War ended too quickly, the bankers did not complete shipments. In order to stop losses, they had to sell like crazy.

When the stock market collapses, the real economy will also not be better off. The companies that were able to complete the transition in time were always in the minority. The vast majority of companies are still taking their chances and want to tough it out.

Along with the occurrence of the stock market crash, financing difficulties, bankruptcy, unemployment and a series of other problems also came one after another, directly interrupting Franz's good mood.

It was thought that the economic crisis was triggered by the financial bankruptcy of the Italian state, but it was not expected that the French civil war would end prematurely, preempting the bursting of the bubble.

The bubble was beyond plan and bursting earlier than planned was obviously not a good thing, which meant that the Vienna government's preparations were not yet complete.

There was no way around it, market confidence was too fragile to withstand the toss. The nightmare of the end of the French Civil War had led to the bursting of the military stock bubble, and there was no way Franz was going to go in and take it over himself just to extend the time.

Frankly, he's also hugely impressed with the brave souls who had the courage to go in and take over on the first day of the crash. In particular, play the leverage to do more, it is the warriors of the warriors, referred to as - the dead.

Admire the admiration, emulation is not necessary. Once the prelude to the stock market crash, whoever goes in will be engulfed.

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

According to the statistics of the Vienna government, the number of suicides in the Holy Roman Empire in January 1894 increased by 114.6% compared to the same period last year, and the number of suicide attempts was even higher.

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

The only consolation for Franz is that he's not the only one who's unlucky, but he's got a whole bunch of rotten brothers and sisters to go with him.

As the world's largest economy, the Holy Roman Empire's economy was in trouble, and the world's industrial countries had one to count on who couldn't get away.