I have no idea if this is WAD, but since this event chain's purpose is to make player's life hard it may as well be WAD.
1. what is WAD?
also in dealing with peasant war (not the same, i think? I am new to this game virtually, especially on the community, with slang terms etc) effects that need to be restored, are ranging from Manpower, to Stability, and even Over Extention.
Used to a trick for this, accept rebel demand, let the taxes be lower, don't even have standing army (if anyone atack you they face more rebels than your own force limit anyway, and you won't lose a single manpower from them) don't make debt, build up your monarch points, wait until you have enough to get it up to at least +3 then let it hit event one time, then up it as much as possible, so that the largest propability for it not upping in time for event to trigger off happens.
Then, use all thise new manpower that is built up, to build an army, and slowly build onto it, and never ever have a peasant war again due to flag on your country tag

personally peasant war is one of the most interesting mechanics as long as it is able to stay on top of it.
Not sure in the new rebel mechanics where there is no real accept demand, and rebel demands are enforced entirely if you accept.
I have never had the liberalism event though, due to my severe love of constitutional monarchy
