The Adversary has been defeated, but at great cost--not least, financial. With their usual magical sources of money tapped, the Fables are fast running out of money to fund all the things that keep them hidden from the mundanes. Frau Totenkinder vows to solve this problem, but meanwhile Ozma makes a play for her seat and Baba Yaga is freed from her magical prison. Despite the epic witches involved in this story, its all resolved in pretty anticlimactic ways.
In a short story that follows these travails, King Flycatcher tries to keep his kingdom together after an orc eats a talking bird.
Overall it's fine storytelling and the art is good, but this trade feels aimless and unfocused.