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Suddent Economic Depression

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Lasfaro
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Post: #1
Suddent Economic Depression

My economy has just suddenly slow to a crawl. Does it have anything to do with my credit? The rights of my cizitens? My budget?

12.10.2011 02:20
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TyPin
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Post: #2
RE: Suddent Economic Depression

I quickly checked on your country... but I couldn't find a real problem. From my point of view your state Haryali is fine. Of course I don't know how it looked before for there are no diagrams. Can you explain your problem any closer?

12.10.2011 09:23
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Lasfaro
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Post: #3
RE: Suddent Economic Depression

Well could it be that my money supply is lower than my Gross Domestic product? I've been trying to deflate my currency to make it more domestic...Maybe its that my customs are lower than average...I lowered it to make my country more competetive

13.10.2011 02:20
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beste
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Post: #4
RE: Suddent Economic Depression

Don't go by averages. They really aren't reliable.

Also, your interest rates are like 6%!! That's kinda scary to invest in an economy in that state.
If you want to encourage business growth, lower Capital tax which will encourage Investment and economic growth.
Lower some spending. Pension make up 20% of your expenses. Reduce it a little. Same with military. You are a classic state so military is worthless (you have literally no enemies).
Refrain from increasing any PE, you almost have balanced your budget and the road to debt-free nation hood is the best. Once you become a creditor nation, you "indebtedness" brings in more money.

If you want to increase GDP through Exports/Imports, raise customs, increase MS (money supply), and pass pro-quality goods tasks and pro-surplus tasks that will make a large export market for your nation. Lowering customs will make foreign goods more attractive, not domestic goods. After all, why buy a "Made in Asasmtic" for $5 when it costs only $3 from China.

PS. dont look at my state for help. I'm killing it on purpose (and doing a scarily good job at it.)


"I do not wish to think, or speak, or write, with moderation. . . . I am in earnest -- I will not equivocate -- I will not excuse -- I will not retreat a single inch -- AND I WILL BE HEARD." - William Lloyd Garrison, Abolitionist

This post was last modified: 13.10.2011 03:09 by beste.

13.10.2011 03:07
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