What if the Financial crisis gets really bad?

Day 1,422, 04:30 • Published in South Africa Brazil • by Crumoet

Once upon a time in a land far far away I remember looking to buy gold and there was a message displayed there. My memory may be a little fuzzy but it went something like this: “To prevent gold inflation you can only purchase gold once a week so make sure that you buy enough”.
Those were the good old days when gold was worth about 50 Zar locally. I recall my first business and struggling to afford enough zar to buy raw materials and to pay salaries.



Fast forward to day 1422….

I go look at my citizen account and as per what has become normal I have more Zar than I know what to do with. I think maybe I can trade some of it for gold. I switch over to the Monetary market and to my horror 1 gold will cost me 1700 zar. Not daunted quite yet I look at selling my zar on the market and I look at the existing offers on the market. There are 9 whole pages of offers at 0.002 thousands of Zars just sitting there waiting for someone to buy them. Dejected I walk away from the money market without having used it at all.



I mean what use is my over 600 gold investment in companies if I can’t earn some gold back out of them. Upgrade special should be around again in about ten days’ time and I was eager to get some more Q3 food companies running and maybe take another step towards a 2nd Q5 weapons by upgrading my Q2 weapons to Q3 but with the way the markets are now will I see a return on investment? Should I take 75 gold and plow it into the black hole that are markets have become? I am not convinced that I should.

What happened to the admin that cared about inflation and made the economy something that could work? Instead our markets seem to be faced with a currency that has no real value and us the players are forced to buy gold. I am not against buying gold mind you I buy a fair bit of gold myself but the diseased market is not limited to South Africa. In Brazil you can buy gold for 980 BRL and for 913 USD you can buy 1 gold as well. Spain was no better at 1000 ESP to the gold. I glanced around the e-World very briefly and the only market I could see holding was Poland at 450 PLN to the gold.



I guess I will just keep my Zar then and use it to build myself a Zar House seeing as I just finished my last Q4 house. Will it give me any benefit? Probably not but I guess it at least puts the Zar to use.
So I will end off by saying if the financial crisis is not bad yet then I am not sure I want to be around when it is.



Regards,

Crumoet
eSa Minister of Finance