The Collapse of the eGreek Economy and the Fall of Iron

Day 946, 08:39 • Published in Greece Thailand • by deleted smee
Goodevening San Diego,

The following is my take on the future of the eGreek economy and how the iron industry will collapse.

Currently, all the raw required for weapons is supplied by IRON.




In v2 (eRepublik Rising, eRepublik Fail, whatever you want to call it), weapons will be split up into four different categories. The categories are:

1. Infantry
2. Tank
3. Helicopter
4. Artillery

The first two require IRON to manufacture whereas the second two require TITANIUM.

The problem is that right now there is a huge infrastructure built around the Iron Industry that will fall in value by 50% in v2. The reason is, that right now we have X production and Y demand of iron, in v2 we will continue to have X production but only 1/2 Y demand as the other 1/2 Y demand will be for titanium.



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Furthermore, gun companies will have an even larger problem. Right now there is X amount of gun production and Y amount of demand. In v2 there will continue to be X amount of gun production but only 1/4 Y demand as the other 3/4 Y will be split amongst helicopters, tanks and artillery.





All countries will suffer a transition period as the old gun companies bankrupt and close down and new helicopter, tank and artillery companies are formed. Manufacture skill employees will be employeed in these new industries.

Anybody who now owns a gun company stands to lose bigtime as their companies will become practically worthless.

Currently, all the high iron regions are located in the following nine countries:

1. eBrazil
2. eChina
3. eGreece
4. ePeru
5. eRussia
6. eSerbia
7. eSpain
8. eUkraine
9. eUSA

These countries have large incomes into their economy of gold due to the export of IRON. Of these countries, the ones that will be most affected are the countries with no other high resource to cushion some of the economic blow they will suffer. And of these countries only eGreece has no other high resource to fall back on. (OH HAI high grain eItaly).



For example, eRussia's economy will merely switch its production and employees from Iron to Diamonds, losing only the investment in gold that is needed to create the companies. Other countries will switch to grain and/or wood and/or oil.

eGreece has no other options and will therefore continue to produce only iron, most likely ensuring the lowest wages amongst the iron/diamond countries and also the cheapest iron.

For high titanium, they are located in only the following countries:

1. eAustralia
2. eCanada
3. eRussia
4. eSouth Africa

Will this be enough to supply 50% of the worlds weapons needs?





Until next time, stay classy San Diego.

smee again