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I really need advice on how to lower my national debt!

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Jacque
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Post: #1
I really need advice on how to lower my national debt!

My national debt has risen so high, it's passed 5,000 billion, what should I do??

http://www.ars-regendi.com/state/143890/show.html

http://www.ars-regendi.com/state/143890/haushalt.html

13.07.2013 16:23
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Globaltom
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Post: #2
RE: I really need advice on how to lower my national debt!

How the heck do you manage that ß Grind

Your pensions are far higher than everything else ?

reduce them , bzw. how Long runs your project ?

And in next quarter start Money Reform II maybe
it crashes your debts.


War bei der Europawahl
13.07.2013 17:04
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zak94
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Post: #3
RE: I really need advice on how to lower my national debt!

Applaus You cut spending and you may want to make the income tax maybe a little higher but spending is important

13.07.2013 17:16
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Rising Phoenix
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Post: #4
RE: I really need advice on how to lower my national debt!

You could also keep spending on the same level, but keep increasing taxes (preferibly gradually, but you can do long jumps if you think you need to). Drastically lower interest rate, as that increases the amount of interest you pay (thus contributing to the debt spiral).

13.07.2013 17:53
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Helsworth
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Post: #5
RE: I really need advice on how to lower my national debt!

Jacque Wrote:
My national debt has risen so high, it's passed 5,000 billion, what should I do??

http://www.ars-regendi.com/state/143890/show.html

http://www.ars-regendi.com/state/143890/haushalt.html

Your total state income is 907 bil and your total public expenditure is 973. Your net interest payment is 400 bill. You would have been better off putting all that money in the pockets of households and firms, instead of the bankers. It's like Edison said, why pay billions in bonds plus interest to bankers, when the government can pay that money to the workers debt free. Sadly, you can't go lower than 1% nominal interest in AR.

Each winter manually decrease the nominal interest as much as you can. I'd recommend the negative income tax, since your MS is already ahead of your GDP - so you can squeeze the reform's full effect. Also, you should ask your alliance for some money...


https://www.patreon.com/SerbanVCEnache

This post was last modified: 13.07.2013 18:08 by Helsworth.

13.07.2013 18:08
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CAR12345
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Post: #6
RE: I really need advice on how to lower my national debt!

First, increase tariff by MAX, increase MS by MAX, imp lent flat tax, Money Reform I and lower acquisition and excise taxes by 3-5% according to your influence then with that the lower taxes will spur economic growth and actually increase revenues over some time and the tariff will allow more exports to provide the Private Sector with a surplus when you govt runs a surplus, and lower your nominal interest rate! Watch and see, it worked for me! Though still working on my trade imbalance! And when running govt surplus make you shure you have a trade surplus so your private sector does not suffer!

14.07.2013 00:34
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