It is quite factual to say that France’s economy is not in a great place, and I honestly do not know what I will do anymore. Due to our participation in the 7 years war and the American revolution, my country is now in a great debt that is near impossible to escape. Year after year, We have given our people a manageable amount of tax, yet the the debt has not been relieved. Added with the spendings of my wife, Marie, it seems as if there will forever be sums of money that we will need to pay off.
A year ago, I had hired a man named Calonne to help me control the finances, and he had found an economic system that was absolutely in a mess. He told me that we needed to fix things, and fix things quite fast. We had already been taxing our estates, but as the first and second estate voted against these taxes, it fell on our hard working third estate. The third estate has yet to make a contribution, however, that changes our economy. Calonne told me that we will now need to seek help from the nobility of France, so we gathered them in a meeting and informed them on the situation of France. I really wished that they would give me and the rest of the government of France a helping hand, yet they all decided against this plan and questioned Calonne’s validity in his work for the monarchy.
I dismissed him a while ago, and now without anyone to help me in financing my country, I am once again lost. I came to power at a state of ultimate debt, and not because I willed to, but because I was meant to do it. I am not talented as a ruler of this great country, and especially not during these times. I had not thought that the people were not content with the conditions before, with the taxes that heavily relied on them due to the first and second estate. Now because of one mistake after another, they are unhappy and ready to do things of the unthinkable. I do not know how to fix this, but I shall seek help from my nobles and figure it out.