Why did it prove so difficult to solve the financial crisis?
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- Mon Apr 24 2006

Have a little read: ... 1. Why did it prove so difficult to solve the financial crisis? The financial crisis which led to the French Revolution could have been solved. Nevertheless, several factors made sure that this did not happen. It would be quite easy to blame the crisis on the opposition of the parlements (noblesse, willing to act as a mouthpiece for the privileged nobblesse) to the King's decisions, but truth be told, at the very beginning these were quite cautious, aware of the limitations they were tied to, having been quite recently restored and with the possibility of a lit de justice being sufficient to dismissed any obstructions placed by them. Several Controlleur-Général tried to manage French economy during the 1770s, but none of them were successful. The first to barge in the economic scene in France at the time was Anne Turgot. He was a physiocrat, who believed that the wealth
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