[AM]eSingapore lifeline is near
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by Woshiempire
woshiempire here,
Like i said in the topic, esingapore lifeline is near, why is that so?
GOLD is the lifeline of esingapore!
Since the creation of esingapore, the admin had given us 1k gold for development.However due to pto and etc, what we really get in the end is much lesser than that. In the past, the financial status of esingapore is average without any month end deflicts. However, after the MPP had changed cost, the financial status of esg started to crack, but it is not obvious as at that time, we still have much actives.
Time had changed and the financial status of esg started to fall. Under the name of esingapore, we have less than 500 Gold.
The financial status had gone bad to worse for esg due to V2
V2 is like a world end, destroying every structure and foundation that was build before. We are still living in the effects of V2. Only when the admin solve the problems, then we can see much light as before. However, we need capital , we need gold for our future! If we are to spend most of our gold before v2 is fixed, esingapore is doomed.
Gold can be spend in many ways, but for now save it is the best way to survive. Invest is different from expenses. The gold spend on economy is investing, they bring value in the future but MPP expenses are only providing short-term relieve in the economy without bring value to the future. Having short-term relieve to the economy is good, however if it is done using most of our funds, it is harmful to the economy
In conclusion, let hope esingapore can survive v2 downturn that we can see the same light as before
thanks,
woshiempire
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how much does the government spend per month, and how much are they collection per month? If the latter is lower, we know we are doing something wrong.
"Time had changed and the financial status of esg started to fall. Under the name of esingapore, we have less than 500 Gold."
We have over 700...
we earn an average of 7 gold's worth of SGD a day, the only expenses are wargames. But, seeing as we don't have them, there are no current expenses.
--i only see 400+ in reserve and also 100+ in city bank...
--earning 7gold worth of sgd, and calculating assets that including sgd value to gold is wrong
--as u see, there is NO value if it is in SGD form.
U treat MM as a cow, there is a limit where u can milk from it. If u milk dry it, there wont be anymore.
--Our MM is in such a weak state that, how much can u sell SGD for Gold in a month? how much gold u can buy using sgd now?
--When we say gold, we mean liquidity... not in face value. yea, u can have 200g worth of SGD, but how much can u sell to get that gold, how long does it take to achieve that without crashing the MM?
*500g of SGD worth actually, but all the same.
I like the cow comparison. You make a good point.
There is also 100 Gold in the National Bank, Which btw is open to PTO theft so if we are not going to MPP, that should get out of there back into an Org. But yeah the SGD is currently in V2, not worth it's price in Gold as there is no guarantee it can switch over. It isn't worthless by far, but it cannot be counted on as gold as it once could.
There is profit, if we spend no money, the catch is in doing that and/or finding another way to earn more then is spent as most recent presidents have been unable to due to various reasons and problems.