You are reading an article written by a citizen of eRepublik, an immersive multiplayer strategy game based on real life countries. Create your own character and help your country achieve its glory while establishing yourself as a war hero, renowned publisher or finance guru.
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by DMV3
In order to provide eCanada with a war fun your government proposes to issue War Bonds which are to be backed by our gold reserves. All eCanadian citizens are asked to vote on this issue. Please cast your ballot using the referendum form provided.
This referendum will be open for voting for the next 48 hours.
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Comments
Votado OME!!!
OmePole...
voted
Um, more specifics please.
How much? Backed by current reserves of 2600 gold? 1:1? Interest? Repayment? Custody and accountability? Future taxes? Dot, dot, dot...
We only plan on raising 500k which is the majority of the reserves when interest is added assuming all those who buy the bonds remain playing the game. The gold reserves would then be liquidated and used to pay off the bonds after the war with the eUS ends. The Treasury Minister will hold the war fund until funds are needed. We can only have accountability for spending if we pass a Meta-Congress or at the ballot box come the next election.
War fun sounds awesome!
Sure why not
I find it incredibly disheartening that you buried this article in "Battle Orders" and for the first time in weeks didn't buy votes for something you published.
It's as if you're trying to hide this and doing everything you can to make your bullshit referendum pass in the shadows because you know it won't stand up to the light.
It's in the Top Five with 42 hours left to vote. I shouted it in my friend's and party feed. I think if I were trying to hide it I would have been better off having someone else publish it and not shouting it at all.
I am not even canadian and I want to buy some bonds.
What is the projected ROI for bondholders?
5.5% over the life of the bond is what we're looking at currently.
Can I invest, too? 😛
Anyone can buy them, especially you Edelmann
Life of bond till "after the war with e US ends", so never.😛
Idk, when our Leto and Asteria friends decide to go on the offensive in direct battle I'm pretty sure the war will be over pretty quick.
I just pissed myself🙂
Yes, out of fear I'm sure.
why can't Canada and USA be friends again damnit has everyone freaking given up? 😑 If anyone can make it right it's DMV3 but it doesn't look like that's in the agenda. 🙁
the eUS has made their desires for friendship _abundantly_ clear over the last few months. Although to be fair, it's safer to be the enemy of the eUS than it's friend, long-term. At least when they're your enemy, the knife isn't a surprise.
I am not a Canadian citizen, but I would invest in them
0 coupon bonds or will there coupon payments?
5%?....pfttttttt
Voted.
Voted o7
Will be voting no to war bonds if all the gold is invested to be spent in one term.
It will not be spent all in one term.
Voted
Voted
Good luck with that 🙂.
Do we have an update on the polls for this?
Yes Canada, burn your money.
We have much, much more.
Voted.
Strongly suggest you set a maximum individual bond purchase at the start to give everyone a chance to purchase before possibly opening the maximum up again. Take it from someone who has done this before. You should also clearly spell out a payback time. War is over with the Americans is incredibly vague. Does that mean occupation, peace with them and all our allies, what?
When asking people for their money and offering them a contract like this, details are essential and just good business for everyone involved.