Holy Roman Empire

Franz is very busy recently. When the economic crisis is coming, he must cash out most of the industries in his hands, and companies that can list money must go up and suffer.

All investments in stocks and bonds must be emptied.Without enough money, how can you bargain?

Anything involving huge amounts of money, Franz personally asked.It ’s all my own money, but I ’m just asking all of them to take care of them. Who can rest assured?

Especially at the critical moment before the outbreak of the economic crisis, the loss caused by any decision-making error is astronomical.

Not only are personal assets to be dealt with, the Habsburg family ’s industries also need to be dealt with, so many industries are intertwined, and Franz has a scalp tingling.

This is also a worry for happiness. In the past few years that led the Habsburg dynasty, the family industry has also expanded rapidly, with investments in many areas.

This is a good thing in ordinary times, and it is not necessary to meet the economic crisis. Once the decision is made incorrectly, the results of the hard work in the past few years will disappear.

The effect of the butterfly effect is powerful. Historically, the economic crisis started in the second half of 1857 from the United States. Now a rapidly industrialized Austria has been added. Who knows what will happen?

Some time ago, the Vienna government continued to launch municipal engineering projects to attract capitalists to invest, which is essentially a means to delay the outbreak of the economic crisis.

The start of these basic engineering projects naturally consumes part of the industrial production capacity, alleviating the crisis of overcapacity.

Taking advantage of this opportunity, the government of Vienna also launched a lot of profitable industries.In a darker sense, Franz is also giving himself time to retreat, but it is also beneficial to the country.

This retreat must also be carried out slowly, to find enough pick-up man, or so many funds have been drawn from the market to leave at once, not to crash immediately?

Not sure when the economic crisis broke out, Franz began to slowly realize the industry in his hands from the beginning of 1856 and has continued until now.

John Stevaway reports: "Your Majesty, the last batch of railway stocks have all been thrown away, totaling 1.8 million Aegis; five cement plants were sold this month, totaling 780,000 shield……

It is estimated that in the next two months, all the industries we are about to sell will be emptied, and about 66.8 million Aegis can be raised."

Franz nodded. He was still satisfied with John Stewart's work. From the beginning of 1856, on average, he had to cash out four or five million Aegis from the market every month.

Without causing turmoil in the market, John Stewart has made great contributions.About one-tenth of this money is Franz ’s personal property, and the rest is family property.

It is enough to see that the European royal family was still very rich in this era, and the accumulation of hundreds of years is not a joke.

These funds are only part of the royal assets, more real estate.Including Vienna is part of the royal line, how could the Habsburg family be poor?

Before Franz took power, the Habsburg family mainly lived on land and real estate income, and naturally there was not much liquidity.

Since the Vienna government implemented the land redemption policy, as the royal family naturally took the lead, Franz released 700,000 hectares of land in a remote area in exchange for large sums of cash.

Most of this money is invested in real estate and manufacturing. The current part of the cash out is manufacturing. In the environment of overcapacity, manufacturing has become a non-performing asset.

In contrast, real estate is much more stable.Building a house on their own land saves the cost of getting land.In a big city like Vienna, it is still rented and not sold.

There is no real estate tax anyway, and there is no pressure to hoard real estate.When the price reaches the limit and the pick-up man is found again, the property tax should almost be released.

It seems that this does not matter much. The tax directly under the royal family belongs to the royal family, otherwise how does Franz raise a private army?

Including the Vienna City Defense Army, all belonged to the Royal Private Army first, followed by the Austrian Army.Otherwise, Franz could not have won the military power so easily, without causing a rebound.

Reform is reform, and Franz will not touch the aspects that are beneficial to his rule.If these rights are given to the government, who knows if the bureaucracy below will one day set him aloft?

No matter how powerful a person is, it is impossible to fight the entire bureaucracy. The best way is to limit their rights at the beginning.

"From now on, we will shrink the money and conduct strict evaluations on loan customers, and will no longer accept stock and bond mortgages."

Franz has not forgotten his Royal Bank. He is already one of the largest banks in Austria. Once the economic crisis breaks out, I do n’t know how many bad debts will appear.

He raised funds for the purpose of bargaining, but not to fill the hole for the Royal Bank.Now without reducing a loan, it reduces the risk by one point.

John Stewart explained: "Your Majesty, doing so can easily cause market turbulence and may also cause a chain reaction.

At present, our loan review standards have always been the strictest among our peers, and the probability of bad loans will not be too great.

Since two years ago, we have focused on the development of a colonial loan business, lending to those lucky people.So far, the Royal Bank has successively issued 8 million Aegis loans.

Most of these loans are repaid with gold. Together with the gold purchased from the colonies, the Royal Bank ’s gold reserves are now up to 58 tons, enough to cope with any crisis."

After listening to John Stewart's explanation, Franz suddenly understood why the consortiums did not shrink money and reduce losses before the economic crisis.

These losses are necessary. If the money is shrunk in advance, it does not tell everyone that the crisis is about to break out-run.

There is never a shortage of smart people in this world. Once the news is leaked in advance, it is not so easy to retreat.

Throughout the novel, the protagonist warned ahead of time before the stock market crash, as the name implies to reduce the losses of the people.Franz laughed when he thought about it. Who ran to take the game?

If no one takes the order, then it will fall to the end, and eventually the wealth evaporated will only increase, not decrease.

In order to confuse audiovisuals, experts predict the stock market crash almost every day. If you listen more, you will be numb. Who can tell the difference between true and false?

Franz thought for a while and said, "Now that you are ready, proceed according to your plan. Ship the gold from the colony back to the country as soon as possible. Once the economic crisis breaks out, the world will not be flat."

"Yes, Your Majesty!" John Stewart replied