Holy Roman Empire

Chapter 997: The stock market crash is coming

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No matter how hard life is, life has to go on. After the shabby enthronement ceremony was completed, Carlos' first decree was the Great Reckoning.

There are not many good citizens in the city of Paris now, and the only ones who can survive are 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.

"The government of running water, the officials of iron."

It is no longer applicable. There are a large group of nobles who supported the restoration of the Bourbon Dynasty, and it is obvious that the cake is not enough for the position vacated by the high-level.

The big nobles despise these sesame and mung bean official positions, which does not mean that the small rural nobles are not interested. What's more, even if they are not interested, there are brothers, sisters, and collateral children who need to be placed.

After all, the core of participating in the restoration of the noble coalition is this group of people. Now when it comes to rewarding merit, Carlos can't get enough bounty, so it's not too much to arrange a job, right

Then, the bureaucrats who have been sitting on the land for hundreds of years are unlucky. After so many years of lurking, he was finally caught.

I don't know if I don't check it, I'm shocked when I check it. There are rumors that "Napoleon IV emptied France" and "the high-level republican government emptied France". Facts have proved that these are indeed rumors.

They are all running away, even if they can roll up the money and leave, how much can they take away? Those who really have the strength to bet against France are these unremarkable bureaucrats.

Maybe one didn't take much, but they couldn't stand the number of them. Each person gets a share, and no matter how rich the family is, they will be hollowed out by the bureaucrats.

If nothing else, one-third of the real estate in Paris is occupied by these bureaucrats. In many factories and enterprises, there are also employees of this group of people.

The seized cash and floating wealth will be even more. For example, in the house of a director named Ferdo, 200 kilograms of gold, several gold and silver jewelry, and hundreds of billions of francs were found.

Well, let's not talk about francs. Francs issued by the republican government have ten zeros after the number of the largest denomination. Everyone is a billionaire, and the purchasing power of hundreds of billions of francs is not comparable to the thousands of francs before.

The only difference is that there are still a lot of small currency in the seized francs, which are obviously products of the Bonaparte Dynasty, adding up to hundreds of millions of francs.

There is no doubt that this is clearly not the time for the seizure. The huge sums of money in the past have now become waste paper, and a piece of bread costs tens of millions of francs.

Thinking about it is also drunk, and the greed has not been able to beat inflation. I really don’t know how ordinary people survive.

Without catching up with the peak period of wealth, it seems that a huge amount of wealth has been obtained, but the actual value is greatly reduced.

Carlos was not disappointed, which is to be expected. Although the franc is not valuable, foreign exchange, gold and silver jewelry are still good. All together, there are always tens of millions of Aegis, and it is still possible to solve the urgent need.

The remaining real estate, corporate shares, etc., cannot be cashed for a while, and it is difficult to calculate the specific value.

If there is money, there is food, and if there is food, the situation can be stabilized. Against the "excellent performance" of the previous two governments, the Bourbon Dynasty, which was able to fill everyone's stomach, has become a savior in the hearts of the people.

How long this gratitude will last is unknown, but the situation in France has stabilized in the short term. The resumption of production has been put on the agenda, and the social order is normalizing.

Looking at the struggle of the Bourbon dynasty, 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 indemnity, it's good to have it, but it's okay to not have it. It's okay to drag it on 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 6, 1894, the broader market quickly plunged 9 points in the afternoon, and the military sector led the decline by 21 points.

This is just the beginning. After the opening of the next day, the military sector led the decline again. By the end of the afternoon, the sector had fallen by 19 points.

In just two days, 40% of the market value of the military sector has evaporated, directly drying up the market by 15 points, and the wealth of billions of Aegis has disappeared.

The matter is not over yet. After the tormenting weekend is over, the stock market opens again next Monday, down 3 points, and the military sector continues to lead the decline by 7 points. Some stocks even lost 90% of their value.

They are all financial centers of the Holy Roman Empire. The stock market in Vienna has plummeted, and Frankfurt is naturally unable to escape. At this moment, both of them are bad brothers and bad brothers, and neither 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.

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

The military sector that detonated this crisis is even more incomprehensible. Those who are cut in half are all white horses with excellent performance, and two-thirds are companies with core technologies. It is not bad for ordinary companies to keep one-fifth of their market value.

There is no way. Military enterprises are cyclical stocks that eat war dividends. It is good to be profitable in peacetime. As gorgeous as the wartime financial statements were, the postwar ones were as rubbish.

The current decline is just the market panic caused by the end of the French Civil War. Franz was sure that if these military companies released their 1893 financial statements, the stock prices would fall further.

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

The French Civil War and the Japanese-Spanish War, which were highly expected by everyone, 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 made large layoffs last year, which is the biggest negative in itself.

In fact, military stocks started a downtrend as early as the end of the European Continental War. It’s just that the situation was tense in the middle of the year, the conflict between Britain and Austria was imminent, the Spanish-Spanish War and the French Civil War broke out one after another, and the market was hot again.

Unfortunately, the last one to catch up with this last wave is the pick-up man. The main factor that caused the stock price to plummet was because the French Civil War ended too quickly, and the bookmakers did not complete the shipment. In order to stop losses, you can only sell like crazy.

If the stock market crashes, the real economy will also not be better. There are always a few companies that can complete the transformation in a timely manner. The vast majority of companies are still holding on to luck and want to take it hard.

With the occurrence of the stock market crash, a series of problems such as financing difficulties, bankruptcies, and unemployment also followed, 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 ahead of schedule, puncturing the bubble one step ahead.

The bubble has exceeded the plan and burst ahead of schedule, which is obviously not a good thing, which means that the preparations of the Vienna government have not 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 stock bubble, and it was impossible for Franz to go in and take over in order to prolong the time.

Frankly speaking, he also admires those warriors who dared to take over on the first day of the stock market crash. Especially those who play leverage to do more, that is the warrior among warriors, referred to as the dead warrior.

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

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

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 with the same period last year, and there were even more suicide attempts.

There is no way, the world is so cruel. Now that you choose to go to the gambling table, you must bear the consequences.

The only thing that gratified Franz was that it was not only his family who was unlucky, but also a large group of bad brothers and bad brothers.

As the world's largest economy, the Holy Roman Empire's economy is in trouble. There is one industrial country in the world that no one can escape.