CPM: This Week in the eCanadian Economy (Day 698)
Day 698, 21:53
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Published in Canada 
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by
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by Addy Lawrence
A little background on this report, each Sunday I go into the Info/Rankings tab and do research on the eCanadian economy. I note all of the stats as they are and log them and compare them to previous weeks.
Note that I am running for congress. I will be running under the banner of the CPF. I am currently on the Alberta ticket however I have offered to run anywhere, the CPF will confirm soon. Here is my campaign presentation, please consider voting for my on October 25.
Canadian Economy
The population of eCanada climbed to 5,038 (v 4,921 v 4,637). It is nice to see this rebound, particularly as the eUS continues to grow and has moved into number one with a population of over 20,000. I put it to our government to foster continued population growth, lower taxes would invite immigrants, there are other options as well such as citizen inducements.
Unemployment dropped to 40.2% (v 40.4% v 42.5
There were 18 new companies created in eCanada over the last 10 days bringing the total to 755, one company for every five people, eesh!! There is some waste going on here. Green Hawk wrote a great article about the ratio of employees to companies, please consider buying a company before you start one, please consider selling your company at a reasonable price, or sweetheart price, if you are no longer interested in it.
The average salary rose slightly to $7.21 (v $7.20 v $7.63) which flies in the face of our inflation figure. Product and commodity markets are very competitive and this is leading to more competitive wages to remain profitable. Its a correction, look for wages to climb.
The GDP dropped to 505.78 (v 833.84 v 2,637.71) which is very concerning. The population is growing, the number of companies is increasing, but the wealth we share is shrinking.
Monthly exports amounted to 140.44 (v 129.96 v 133.03) while imports totalled nil (v 45.29 v 132.4
eCanada experienced deflation of 60.5% (v -49.7% v -6.1
It is great to see some war returning to eCanada, this will spur things along. Unfortunately, I do not see it as being sustained at this point so the economy will be erratic. Look for GM's to find dry ground this week and stay there. Wages will likely drop again next week and deflation will move toward zero.
Who's your daddy? Addy's your daddy!!
Note that I am running for congress. I will be running under the banner of the CPF. I am currently on the Alberta ticket however I have offered to run anywhere, the CPF will confirm soon. Here is my campaign presentation, please consider voting for my on October 25.
Canadian Economy
The population of eCanada climbed to 5,038 (v 4,921 v 4,637). It is nice to see this rebound, particularly as the eUS continues to grow and has moved into number one with a population of over 20,000. I put it to our government to foster continued population growth, lower taxes would invite immigrants, there are other options as well such as citizen inducements.
Unemployment dropped to 40.2% (v 40.4% v 42.5
😵, which is impressive considering the population grew, this is a great net change. Employment creates product which creates wealth, I look forward to our export figures increasing over the coming weeks.
There were 18 new companies created in eCanada over the last 10 days bringing the total to 755, one company for every five people, eesh!! There is some waste going on here. Green Hawk wrote a great article about the ratio of employees to companies, please consider buying a company before you start one, please consider selling your company at a reasonable price, or sweetheart price, if you are no longer interested in it.
The average salary rose slightly to $7.21 (v $7.20 v $7.63) which flies in the face of our inflation figure. Product and commodity markets are very competitive and this is leading to more competitive wages to remain profitable. Its a correction, look for wages to climb.
The GDP dropped to 505.78 (v 833.84 v 2,637.71) which is very concerning. The population is growing, the number of companies is increasing, but the wealth we share is shrinking.
Monthly exports amounted to 140.44 (v 129.96 v 133.03) while imports totalled nil (v 45.29 v 132.4
😎leaving a trade balance of 140.44 (v 84.67 v 0.55) gold. The trend in the trade balance is nice and must continue if we are to see our GDP increase. Surely they are higher priced markets for our products so that we can avoid the fierce competition in the domestic markets. Accessing foreign markets will take competitive pressures of the domestic market and generate more wealth for eCanada. Personally, I advocate a licensing subsidy from the government equal to half the cost of an export license for proven business operators. You will see this as part of my campaign platform for congress in October.
eCanada experienced deflation of 60.5% (v -49.7% v -6.1
😵, incredible! It's getting worse as opposed to bottoming out. I still think it will level off soon.
It is great to see some war returning to eCanada, this will spur things along. Unfortunately, I do not see it as being sustained at this point so the economy will be erratic. Look for GM's to find dry ground this week and stay there. Wages will likely drop again next week and deflation will move toward zero.
Who's your daddy? Addy's your daddy!!
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Comments
I always liked the idea of subsidized export licenses, but implementation is a challenge. We've also talked about loans for the purpose.
You can start the discussion in the forums without being a congressman. Post here: http://ecanada.ws/forums/viewforum.php?f=36" target="_blank">http://ecanada.ws/forums/viewforum.php?f[..]?f=36
Voted!
Remember to be carefully with the number of companies, some are owned by orgs of dead citizens and do nothing but sit there clogging up the market or are you ignoring companies with zero employees?
I don't go through and cull the dead ones, the most valuable info coming out of that is the increase over the previous week, someone has gone in and dropped 20G on a new business, there is an active attempt to make a go of it. The total number does include dead weight. Green Hawk published a great article on the ratio of population to number of companies, I'll post a link in this article to it.