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

There are few good citizens in the city of Paris now, and none of the people who can survive are fuel-efficient lamps, and without an internal cleansing, His Majesty Carlos will not be able to sleep.

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

"A government of flowing water, an iron official."

It is no longer applicable. There was a large group of nobles who supported the restoration of the Bourbon dynasty, and it was only the positions vacated by the upper echelons, and the cake was obviously not enough.

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

After all, the core of the coalition of the nobles involved in the restoration is these people, and now when it comes to rewarding meritorious deeds, Carlos can't get enough bounty, so it's not too much to arrange a job, right?

Then, these century-old bureaucrats were unlucky. After so many years of lurking, he was finally targeted.

I don't know if I don't check, and I'm shocked when I check it. There are rumors that "Napoleon IV emptied France" and "the top of the republican government hollowed out France", but these have proved to be rumors.

It's all the existence of running away, even if you can roll up the money and leave, how much can you take away? The ones who really have the strength to short France are still these inconspicuous bureaucrats.

Maybe one didn't take much, but it couldn't stop them from many. Each person gets a share, and no matter how strong the family foundation is, it will be hollowed out by the bureaucrats.

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

The seized cash and floating wealth are even more. For example, the home of a bureau chief named Ferdo found 200 kilograms of gold, some gold and silver jewelry, and hundreds of billions of francs.

Well, the franc will not be mentioned. The francs issued by the republican government have ten zeros after the figures of the maximum denomination. Everyone is a billionaire, and hundreds of billions of francs have less purchasing power than the previous thousands.

The only difference is that among the seized francs there are also a large number of small currencies, apparently a product of the Bonaparte era, which add up to hundreds of millions of francs.

There is no doubt that this is clearly not the right time for the seizure. What was once a huge amount of money has now become waste paper, a piece of bread costs tens of millions of francs, and a mountain of small francs is not enough for the average person to eat for a week.

It's also drunk to think about it, the huge greed has not been able to outperform inflation, and I really don't know how ordinary people survive.

If you don't catch up with the peak of wealth, you can buy your home, and it seems that you have gained a huge amount of wealth, but in fact the value is greatly discounted.

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

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

If there is money, there will be food, and if there is food, the situation can be stabilized. Under the backdrop of the "excellent performance" of the previous two governments, the Bourbon dynasty, which was able to make everyone barely fill their stomachs, has become a savior in the hearts of the people.

No one knows how long this gratitude will last, but in the short term the situation in France has stabilized. The resumption of production is on the agenda, and social order is normalizing.

……

Seeing the Bourbons struggling, 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 is good to have it, it doesn't hurt if you don't, and it's okay to drag it out for a long time, anyway, Franz will not 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 hitting a new high in the Vienna stock market on January 6, 1894, the market quickly dived by 9 points in the afternoon, and the military sector led the decline by 21 points.

This was just the beginning, and after the opening of the next day, the military sector led the decline again, and by the end of the afternoon the sector had fallen by 19 points.

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

After a torturous weekend, the stock market opened next Monday with another 3 points down, the military sector continued to lead the decline by 7 points, and the market value of some individual stocks even evaporated by 90 percent.

Both were the financial centers of the Holy Roman Empire, and the Vienna stock market plummeted, and Frankfurt naturally couldn't escape. At the moment, both are rotten brothers and bad brothers, and neither is luckier than the other.

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

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

The military industry sector that detonated this crisis is even more difficult to see. Two-thirds of the cuts are enterprises with core technologies, and it is good that ordinary companies can keep one-fifth of the market value.

There is no way, the military industrial complex is originally a cyclical stock that eats war dividends, and it would be good to be profitable in peacetime. How flashy the financial statements during the war are, how rubbish the statements after the war.

The current decline is just a market panic triggered by the end of the French Civil War. Franz was sure that if the 1893 financial statements were released, the stock prices would have fallen.

The reason is naturally very simple, last year, the orders of the HRE military fell sharply, and the anti-French alliance, a group of major arms importers, also stopped purchasing.

The French Civil War and the Spanish-Japanese War, which everyone had high hopes for, mainly consumed the inventory after the victory of the anti-French war, and were not able to bring too many orders to domestic military enterprises.

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

In fact, military stocks began to fall as early as the end of the European War. It's just that the situation was tense in the middle of the year, the Anglo-Austrian conflict was about to break out, the Japanese-Spanish War and the French Civil War broke out one after another, and the market was once again hot.

Unfortunately, the one who caught up with this last wave was the pick-up man. The main factor that caused the stock price to plummet was that the French civil war ended too quickly, and the bookmakers did not complete the shipment. In order to stop the loss, you can only sell wildly.

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

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, I thought that the economic crisis was triggered by the financial bankruptcy of the Italian state, but I did not expect that the French civil war ended early and burst this bubble first.

The bubble went beyond plan and burst ahead of schedule, which was clearly not a good thing, which meant that the preparations of the Vienna government were not yet complete.

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 bubble in the military industry, and Franz could not go in and take over the market himself in order to continue time.

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

Admiration is admiration, and there is no need to emulate. Once the prelude to the stock market crash is opened, whoever enters it will be swallowed.

Due to 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 have become key monitoring objects, and the frequency of dumplings has been too high in recent times.

According to 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, the world is so cruel. Since you have chosen to play at the table, you have to bear the consequences of this.

The only thing that made Franz happy was that it was not only his own family that 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, and no one of the world's industrial countries can escape.