Economic Analysis
Day 2,618, 07:15
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Published in Denmark 
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by
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by Xaxar
In this article we review our economy. We compare it with two other countries. With a bigger/stronger country (Hungary) and with a country which is close to our level (Philippinas).
BASIC DATAS
NATIONAL TREASURY
Our treasury is empty of gold and money.
TAXES
Work taxes are low. One of the lowest in the world.
Import taxes are very different to other countries. Food import tax is 99% in Denmark however in Hungary only 1% and in Philippinas 5%.
Weapons are not too different but also higher than these other two countries.
VATs are high too in all types.
Q1 FOOD in MARKET
Food prices are high. Only 1-2 players can product and sell with normal costs.
It is very expensive to buy food at homeland.
Q7 WEAPON in MARKET
Weapon prices are not better than food prices. Only 3 seller place on market Q7 weapons under 10 DKK.
SALARY
Where to work? Salaries are critical. Worse than in the Philippinas. It is hard to find good jobs.
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The NATIONAL TREASURY is not a good indicator. Nations empty those treasuries and donate the money to organisations like the Bundesbank or others.
Seconded
As NeueN state above you should remove NT and replace it with tax income of a set time period.
Sorry, the conclusion is supposed to be that you do not understand the economy of eDenmark and mechanics of erepublik 🙂
I did not find anything relevat in your statistics and you came to a wrong conclusion because you do not understand it.
Use average salary for statistics if you want to have statistics on it, not offers on the labor market.
Q1 foo😛 use FBI for food, not market. When you reach division 2, you'd probably not need to buy food anymore. People don't sell food on the market because they give it away for free to low lvl players.
Your misundertanding the treasury has been mentioned already. The correct figure for treasury is how much money and gold the national bank has.
You have the conclusion on taxes also wrong because it is the tax on work what really matters. And that is lowest in eDenmark, only 1%.
Thank you for your replys.
Yes I don't know everything yet about the game and the economy. I write only what I see.
Sorry if sometimes my statistics are not realistic or not correct. I try to learn this game.
I hope next time I can write a more competitive article.
Hit me up anytime you wish to talk about erep economy 😉 I have fancy tools we can take a look at.
Since when is your paper royal - did you ask the Queen about permission to use that name ?
I dont like you having banners looking like the official Government ones, as this will make some people believe these very wrong statistics are made by Danish officials which they are not.
Not the statistics are wrong. Numbers are corrects. Only the relations are wrong I think.
Well I think most people believe that your facts are correct. That is not the essence. The essence is that you use "royal" in the article. If you remove royal you won't have these comments. Maine Coon uses "royal" in her articles, as she has been appointed "queen of eDenmark" and that was long ago.
About the facts. As others write, you need to change a few details, but I respect that you cannot know everything while beeing young in eDenmark. I am glad you analysed the markets and the countries, though you need to change a few things next time. If you come and join us at IRC I am sure you can get some help with your analyses.
However the difference with the Philippinas is very interesting.
And the hardness of the buying of the new players too. I have problems to find correct offers in the market. That's why I wrote about the Q1 food and Q7 weapon prices. In other countries cheaper. So I was buying in an other country. In this way the tax was not for our country but for the other country. Isn't it? I don't know it well but I think it was for them.
No. You did not read the reply. New players in Denmark and Germany get the food for free. So it is not cheaper in other countries.
I never got food for free yet.
Can you tell me how it's going? I don't know this.
It is described here:
http://www.erepublik.com/en/article/-fbi-food-for-noobs-2487370/1/20
Ok. All understood.
I see my fellow countrymen went all in on you!
Well heres some good things!
I like your article! Great idea, would like to see more of this!
(keep in mind none of the statistics are wrong, all the information is given by erep, and thus are the official stats, but not the entire story is covered in this article. I recommend to contact the people in charge of the thing you're writing about so that you can get their view, and get insider information.)
It's great to have someone write stuff again, and it's exactly what i missed in e-rep.
Those big old fancy "official" articles are getting a bit old. And articles from people outside the government is always a joy to read!
I look forward to your next article, if you haven't been scared away by all the comments 🙂
Yea, I agree with Lasse. You have some flaws in your article, but you are new so that's nothing but expected!
Sometimes us oldtimers take for granted that everyone knows what we know (after playing this stupid game for several years)
That is of course not the case!
Anyway, nice with some media activity - feel free to write me if you have questions or anything.
I sent you a little care package as well, I hope you make good use of it (that is fighting where the government asks you to)
Thank you very much!
I haven't scared 🙂 I am happy if I got critics. I can learn from them 🙂 I will try to write better and better articles week by week. And the comments help me to do this 🙂
Heya 🙂 Welcome to eRep 😁