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Life of Being a Crown Prince in France

In France, just entered Versailles, with the identity of the Crown Prince. The only problem was that the reigning king was Louis XVI, and in two years, he'd be "snapped"... Since I couldn't rely on dear old dad and the ministers, I had to take matters into my own hands to reform France! First, make a bit of easy money to solve the financial crisis that had plagued the nation for hundreds of years. Then give a harsh lesson to those nobles harboring treacherous intentions and plotting to seize power. Next, confiscate the Church's abundant lands, acquired without lifting a finger. Industry, technology, agriculture, commerce—I will all advance side by side, I, the greatest Crown Prince in France! That year, when the little British struggled with the allied forces at his borders, I simply took over his little island. That year, my sword pointed at all of Europe, the magnificent feat Napoleon didn't accomplish, I will achieve!!!

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Chapter 51: Paris Angel Company Goes Public

In 1717, the financial juggernaut John Law established the Mississippi Company to solve France's massive debt. He obtained exclusive rights to operate the Louisiana colony from the French Government, and subsequently, the company began offering shares.

Because there were rumors of abundant gold mines in the Mississippi River basin, and the company successively gained the rights to operate more of France's overseas colonies, the stock price steadily increased.

From the initial offer of 500 livres per share, it soared to a peak near 20,000 livres. Yes, don't miss a single zero, the stock price increased by 40 times!

John Law believed the opportunity to resolve France's 1.5 billion national debt had arrived. Starting in 1719, he issued additional shares five times in a row, leveraging the skyrocketing stock prices with the issuance of banknotes by the Royal Bank, and he truly managed to wipe out the French Government's debt in one fell swoop!