Chapter 1000 The Stock Market Crash Comes
No matter how hard life is, life still has to go on. After the shabby enthronement ceremony was completed, Carlos's first decree was a big liquidation.
There are not many good people in the city of Paris now, and those who can survive are not 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.
"A government run by water, officials made by iron."
It is no longer applicable. There are a large group of nobles who support the restoration of the Bourbon dynasty, and the cake is obviously not enough for the positions vacated by the top.
The big nobles look down on the official positions of these sesame mung beans, which does not mean that the small nobles in the countryside are not interested either. What's more, even if they themselves are not interested, there are brothers, sisters, and collateral children who need to be resettled.
After all, these people are the core of participating in the Restoration Noble Coalition, and now that it is time to reward meritorious service, Carlos can't get enough bounty, so it's not too much to arrange a job, right?
Then, the bureaucrats who have been sitting in the land for a hundred years will be unlucky. After lurking for so many years, he was finally caught.
If you don't check, you don't know. If you check, you will be shocked. Rumors from the outside world include "Napoleon IV emptied France" and "High-level republican government emptied France", and it turns out that these are indeed rumors.
They are all running away, even if they can take money and leave, how much can they take away? Those who really have the strength to short France are still this group of unobtrusive bureaucrats.
Maybe one didn't take much away, but it couldn't hold them back. Everyone gets a share, and no matter how strong the family is, it will be emptied by the bureaucrats.
Among other things, one-third of the real estate in Paris is occupied by these bureaucrats. In many factories and enterprises, there are also dry shares of these people.
There are even more seized cash and floating wealth. For example: In the home of a director named Ferdo, 200 kilograms of gold, some gold and silver jewelry, and hundreds of billions of francs were found.
Well, let's not talk about francs. In the franc issued by the republican government, the figure of the largest denomination has ten zeros after it. Everyone is a billionaire, and the purchasing power of hundreds of billions of francs is not as good as the previous thousands of francs.
The only difference is that among the seized francs there are still a large number of small currencies, which are obviously a product of the Bonaparte dynasty era, adding up to hundreds of millions of francs.
There is no doubt that this is obviously not the time for the seizure. The once huge money has now become waste paper. A piece of bread costs tens of millions of francs, and the mountain of small francs is not enough for ordinary people to eat for a week.
Thinking about it is also drunk. Even the huge greed has not been able to outperform inflation. I really don’t know how ordinary people survived.
House raids that haven't caught up with the peak of wealth may seem like a huge wealth figure, but the actual value is greatly reduced.
Carlos was not disappointed, which was to be expected. Although the franc is worthless, foreign exchange, gold, silver and jewelry are still good. Adding all these things together, there are always tens of millions of Aegis, and it is still possible to solve the urgent needs.
The remaining real estate, corporate dry stocks, etc. cannot be converted into cash for a while, so it is difficult to calculate the specific value.
Where there is money, there is food, and when there is food, the situation can be stabilized. Against the background of the "excellent performance" of the previous two governments, the Bourbon dynasty, which can barely fill everyone's stomachs, has become the savior in the hearts of the people.
No one knows how long this kind of gratitude can last, but the situation in France has been stabilized in the short term. The resumption of production has been put on the agenda, and social order is becoming normal.
...
Seeing the struggle of the Bourbon dynasty, Franz breathed a sigh of relief, as long as Carlos can stabilize the situation in France, he will be content.
As for the issue of indemnity, it’s good to have it, but it’s okay to not have it, and it’s okay to delay it 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 market quickly plunged 9 points in the afternoon, and the military sector led the decline by 21 points.
This was just the beginning. After the market opened the next day, the military industry 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 industry sector evaporated, directly drying up the market by 15 points, and billions of Aegis wealth disappeared.
The matter is not over yet. After the end of the tormenting weekend, the stock market opened down another 3 points next Monday. The military industry sector continued to lead the decline by 7 points, and some stocks even lost 90% of their value.
They are both the financial centers of the Holy Roman Empire. The stock market in Vienna plummeted, and Frankfurt naturally couldn't escape. At this moment, both are bad brothers and bad brothers, and no one 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.
As of the end of January, the Vienna stock market has fallen by 34.7% from its peak, and Frankfurt is not much better, with the overall market falling by one-third.
The military industry sector that detonated this crisis is even more impossible to watch. Those cut in half are high-performance white horses, and two-thirds of them are companies with core technologies. It is not bad for ordinary companies to retain one-fifth of their market value.
There is no way, military enterprises are cyclical stocks that eat war dividends, and it is not bad to be able to make profits in peacetime. As gorgeous as the financial statements were during the war, the post-war statements are as rubbish.
The current decline is only the French Civil War
end the market panic. Franz is sure that if these military enterprises release their financial statements for 1893, the stock price will fall even further.
The reason is naturally very simple. Last year, orders from the Shinra military dropped sharply, and the Anti-French Alliance, a group of large arms importers, also stopped purchasing.
The French Civil War and the Japanese-Spanish War, which everyone placed high hopes on, 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 carried out large-scale layoffs last year, which is the biggest negative in itself.
In fact, military stocks began to decline as early as the end of the European War. However, in the middle of the year, the situation was tense, the Anglo-Austrian conflict was imminent, the Japanese-Spanish War and the French Civil War broke out successively, and the market once again heated up.
Unfortunately, the one who caught up with this last wave was the Pan Xia. The main factor that caused the stock price to plummet was because the French Civil War ended too soon, and the dealers did not complete their shipments. In order to stop the loss, we can only sell wildly.
The stock market crashes, and the real economy will not be better off either. Enterprises that can complete the transformation in time are always a minority. The vast majority of companies still have a fluke heart and want to carry it through.
Along with the stock market crash, a series of problems such as financing difficulties, bankruptcies, and unemployment also followed one after another, 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 early and burst the bubble first.
The bubble is beyond the plan, and the bursting time is ahead of time, which is obviously not a good thing, which means that the preparations for the Vienna government have not yet 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 industry stock bubble, and it was impossible for Franz to go in and take over the market by himself in order to extend the time.
Frankly speaking, he admired those warriors who dared to take over the market on the first day of the stock market crash. Especially those who play long with leverage, they are the warriors among the warriors, referred to as dead warriors.
Admiration is admiration, and imitation is unnecessary. Once the prelude to the stock market crash kicks off, whoever enters will be swallowed up.
Affected by the stock market crash, the police in all major cities of the Holy Roman Empire had to work overtime. High-rise buildings, bridges and rivers have all become key monitoring targets. Recently, the frequency of dumplings has been too high.
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 people who attempted suicide.
There is no way, the world is so cruel. Since you choose to go to the gambling table, you have to bear the consequences.
The only thing that comforts Franz is that not only his family is unlucky, but also a large group of bad brothers and brothers.
As the world's largest economy, the economy of the Holy Roman Empire has problems, and every industrial country in the world can't escape.