The financial crises were financial problems the French were going through. Because of the high life the nobles, queens and kings lived and the amount of money they borrowed, France went into debt and faced bankruptcy. This is important because now, the people see how the rich were misusing the countries money and how they were ruining the economy. The king even tried to tax the Second Estate to get more money. This goes against the French Revolution because citizens have the right to decide the duration of taxes, not one person who needs more money because he wasted it all.