Franz has been very busy recently, the economic crisis is coming, he must cash out most of the industries in his hands, and the companies that can go public and make money will have to go up and go on a journey.

The investment in stocks and bonds must be completely emptied. If you don't have enough money, how can you buy the bottom?

Whenever a huge amount of money was involved, Franz personally inquired about it. It's all their own money, and they don't care about it all at all, so who can rest assured?

Especially at the critical moment before the outbreak of the economic crisis, the cost of any wrong decision is astronomical.

Not only personal assets had to be disposed of, but also the Habsburg family's estates, so many industries were intertwined, and Franz was a little numb in his scalp.

This can be regarded as a happy trouble, in the years that dominated the Habsburg dynasty, the family business also expanded dramatically, and there were investments in many fields.

This is a good thing in normal times, but it is not necessarily the case in an economic crisis, and once the decision is wrong, the results of the hard work of the past few years will disappear.

The force of the butterfly effect is powerful, and the historical economic crisis began in the second half of 1857 in the United States, and now a rapidly industrializing Austria is added, and who knows what the outcome will be?

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

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

Taking advantage of this opportunity, the Vienna government also sold a lot of industries with low profits. To put it darkly, Franz is also buying time for his own retreat, but it is also good for the country.

This withdrawal must be carried out slowly, and enough receivers must be found, otherwise so many funds will be withdrawn from the market at once, and it will not collapse immediately?

Unsure of when the economic crisis would erupt, Franz began to slowly monetize his property from the beginning of 1856, which has continued to this day.

John Stewa reported: "Your Majesty, the last batch of railway stocks has been sold out, and a total of 1,800,000 Aegis has been cashed out; This month, five cement factories were sold, and a total of 780,000 Aegis was cashed out......

It is estimated that in the next two months, all the properties in our hands that are ready to be sold will be emptied, and we will be able to raise about 66.8 million Aegis. ”

Franz nodded, he was still satisfied with the work of John Steva, and since the beginning of 1856, on average, he had to cash out four or five million Aegis from the market every month.

Without causing market turmoil, John Sturva was a great contributor. About a tenth of this money was Franz's personal property, and the rest was family business.

It is enough to see that the European royal family was still very wealthy in this era, and the accumulation of hundreds of years was no joke.

And these funds are only part of the royal family's assets, and more are real estate. Including Vienna was part of the royal family, how could the Habsburgs be poor?

Before Franz came to power, the Habsburgs lived mainly on land and real estate income, and naturally there was little liquidity.

Since the Vienna government implemented the land redemption policy, as the royal family, it was natural to take the lead, and Franz released 700,000 hectares of land in remote areas in exchange for large sums of cash.

Most of this money has been invested in real estate and manufacturing, and the current part of the cash is manufacturing, which has become a non-performing asset in the context of overcapacity.

In contrast, real estate is much more stable. Build a house on your own land, and the cost of acquiring land is saved. In a big city like Vienna, it's still rent-only, not sold.

There is no property tax anyway, and there is no pressure to hoard real estate. When the price reaches the limit and the receiver is found, the property tax is almost time to be released.

It seems that this has little to do with it, the taxes directly received by the royal family belong to the royal family, otherwise how would Franz raise a private army?

The city defense army, including Vienna, belonged first to the private army of the imperial family, and then to the Austrian army. Otherwise, Franz would not have been able to win military power so easily, without causing a backlash.

Reform is reform, and what is beneficial to his rule is not something that Franz will not touch. If all these rights are given to the government, who knows if the bureaucrats below will one day empty him?

No matter how powerful a person is, he cannot fight the entire bureaucracy, and the best way is to limit their rights from the beginning.

"From now on, we will shrink the monetary base, conduct a rigorous evaluation of loan customers, and no longer accept shares and bonds as collateral."

Franz has not forgotten his Royal Bank, which is already one of the largest banks in Austria, and once the economic crisis breaks out, he does not know how many bad debts will appear.

He raised money to buy the bottom, not to fill the hole in the Royal Bank. Now without reducing a loan, you have reduced the risk by a point.

John Steva explained: "Your Majesty, this can easily cause market turmoil and a chain reaction.

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

Since two years ago, we have focused on developing the colonial lending business, lending to those lucky people. So far, the Royal Bank has issued eight million Aegis loans.

Most of these loans were repaid in gold, and with the gold purchased from the colonies, the Royal Bank now has a gold reserve of fifty-eight tons, which is enough to meet any crisis. ”

After listening to Johann Steva's explanation, Franz suddenly understood why the consortia did not shrink their money and reduce their losses before the economic crisis.

These losses are necessary, and if you shrink the monetary base in advance, it doesn't tell everyone that the crisis is about to break out - run.

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

In the crossing, the protagonist gives early warning before the stock market crashes, in the name of reducing the losses of the people. Franz laughed when he thought about it, who will take over after all the runs?

If there is no one to take over, then it will fall to the bottom, and the wealth that will eventually evaporate will only be more, not less.

In order to confuse the public, almost every day there are experts predicting a stock market crash, and everyone will be numb when they hear more, who can tell the truth from the false?

Franz thought for a moment and said, "Now that you're ready, let's go according to your plan." Ship the gold of the colonies back to China as soon as possible, and once the economic crisis breaks out, the world will not be peaceful again. ”

"Yes, Your Majesty!" John Stewa replied