If we consider the IOUs issued by the Kingdom Government, the domestic major nobles are essentially the government's largest creditors, holding more than sixty percent of the total debt.
If not for the fact that their own purses were involved, the resistance to resolving the government's fiscal bankruptcy wouldn't be as strong.
During wartime, fully supporting the Kingdom Government was inevitable, but now in times of peace, King Caesar IV doesn't dare to continue gambling.
In the first place, the Royal Family's cash flow is already insufficient. If something were to go wrong in the transportation of bulk goods acquired, the losses would be significant.
"Gentlemen, the issues plaguing the Kingdom Government are accumulating more and more. If we continue dragging this out, sooner or later, a major disaster will occur.
Perhaps the time has come to consider reform!
While being a major power on the continent, the Kingdom's economy has never truly thrived.
