The Economist Intelligence Unit ~ Sweden Report 12/02/2012

Day 1,545, 07:11 Published in Poland United Kingdom by Spite313


Dear friends,

This article is a report on Sweden’s economy commissioned by Valnad, current CP and keeper of the cake in Sweden. He has commissioned the Economist Intelligence Unit for the remainder of his term, so there will be weekly reports released every Sunday.

Just as a quick pro forma, the Economist will do these reports for any country or private individual who wants to commission them, for a flat fee of 10g per week per country. If you’re interested, drop me a mail. Payment in advance only unless I love you.


All data mining for this report was completed by Invalidation - Newspaper




So let’s get going with the actual report. I’m going to start off with an income overview for the week.



As you can see, Sweden’s income rose steadily through the week and I would say is now stabilising somewhere between 230 and 250 thousand SEK per day. There are three main contributing factors to this growth.

Firstly the bot was reactivated just before the CP elections. Since the bot buys the majority of Swedish products through a 25% VAT barrier, this had a huge impact on their income- increasing it from around 140k when the bot was inactive.

Secondly the Swedes regained another weapons bonus, meaning effectively their production increased by 20%. This equates to 20% more products sold through that tax barrier, or effectively another 20% tax income increase.

Finally there was a sharp rise in the value of gold, which meant that the per-unit value of SEK also fell, though less than expected. Combined these three effects saw an increase in Swedish daily income of 51.8% over the course of the week.

Average income over the week was 204,324.60 SEK. The money market fluctuated wildly, but the average value of the MM worked out at 1411.71->1g which makes the daily average income 141.72 in gold.



So as you can see, Swedish income didn’t increase hugely since the beginning of the month in terms of gold. However SEK income (the raw figures) increased by an average of 40,000 SEK per day, or thereabouts. Low valued currency means that the actual gold increase is slight, however once the MM stabilises the true value of SEK should increase. Whether SEK income decreases with it we won’t know until the time.


Donations as a percentage of income

This graph shows the “efficiency” of donations. Actually Sweden is donating at its maximum possible level, but since SEK income is so high it’s impossible to move more than 100k a day, making their efficiency quite low. The normal recommendation in this circumstance would be to drop VAT by half, since the money is essentially just piling up unused. But apparently this is an old debate.

Over the past 7 day reporting period, the treasury has increased in size by 517,915.34 SEK. At the end of the period, the treasury stood at 9,951,184.97 SEK, just short of ten million, or 100 days of income at max donation. This is about an 800,000 SEK increase since the congress elections.

Sweden signed one MPP in this reporting period, which represents just 0.7% of income.

The per capita income daily in Sweden (Total income divided by the number of voters in the last CP election) is 426.56 SEK per day, a fairly colossal amount.




From that we move to the money markets. The Swedish MM was badly affected by the 44% off company offer, as was almost every other market in the world. A good option for people who don’t want to upgrade companies is to sell gold during periods of high demand, then buy it back in periods of low demand. It’s possible to make a 25% profit simply by taking advantage of the admins offers. I myself floated a little gold on the MM during this time, and when I buy it back I expect to make between 25% and 33% profit, depending on how much the value of currency increases. Not bad for 5 minutes work.


Please note the y axis begins at 1000

Well money markets globally were on the rise since the reintroduction of Platobot stimulated a glut of currency into company owners pockets, but the introduction of the 44% offer on the 7th of February really sent the money markets wild. We can see the massive surge on the 8th to almost 1600 currency per gold, before people with a lot of gold began dumping to take advantage, stabilising it. The offer ran until the 10th February, and through that period we saw unnaturally high prices of gold globally. A month ago, the value of SEK hovered between 1100 and 1250 per gold. I am not sure it will drop quite that much, but I do expect the value of gold on the Swedish MM to drop to at least 1350 in the following week.




Next we move onto regular markets. Again this is a story of the mad botmaster wrecking markets. At the beginning of the week prices of raw materials were hitting an all-time low, with wages also low and prices of high Q goods higher than ever. The Swedish markets mostly escaped the price surge of Q6 weapons that other markets saw, but their goods are overpriced anyway due to the VAT, and mostly sold to the bot.

Let’s have a look at some individual prices:


Weapons Raw Material prices


Food Raw Material prices

So here we can see the effect the bot had on prices of raw materials. Before the bot disappeared prices in Sweden were usually between 0.3 and 0.34 SEK per unit of WRM, and a little less for FRM. Over this week we have seen prices recover to more or less that amount. I estimate the bot buy price to be 0.33 in Sweden. The food raw material price is closer to this since there are less human sellers in this sector forcing prices down. Obviously some people don’t want to wait for the bot, since it’s slow and unreliable. The low prices during bot activity do clearly show that the majority of sales are to the artificial demand stimulation undertaken by the admins though.


Weapons sale prices

Next up we have the weapons markets. Before the bot failure, it bought Q5 at approximately 41.22 SEK per unit (32.98 SEK before tax) and Q6 at somewhere around 47 SEK (just below 38 before tax). As we can see those prices are lower, simply because of the glut of weapons accumulated during the bot period. Prices will probably rise over time. The large dip in prices on the ninth suggests that the bot was either inactive or buying less frequently- since it’s unlikely that both markets would experience over-supply on the same day. As you will soon see, the food markets saw a similar drop on that day. The sudden rise on the tenth might be a reaction to that, or it might be something as blasé as people buying up weapons to fight in the RW.


Food prices

Yes believe it or not Q6 food was actually cheaper than Q5 at one point. I think that these markets are actually becoming a bit of a joke internationally. Thanks to the efforts of the admins, most people supply their own food. The companies provided by the admins are actually sufficient for most people who log in once per day, and more active players tend to have the money to buy an upgrade for their factory so they can produce 400-800 health a day. After this, the amount of food actually bought on the market in any quantity is quite small, especially in Sweden. Mostly the bot buys. The two days the price was especially low, this was because of a single very large offer being posted and forcing the price down. It’s always possible this will happen on a small market like Sweden’s. It’s also possible someone will simply buy the entire offer and repost it at a higher value for profit. If this offer is below the bot price, it will sell regardless of whether there are better offers, so really posting cheap offers is a bit silly.


Wage changes

Wages dropped globally during the bot inactivity, and as a result of the hire-and-fire changes. Since then they have recovered (mostly) in the smaller countries, with places like Poland which were especially dependent on hire-and-fire staying suppressed. Whether this is because of sticky wages or because of a genuine long-term trend we can’t be sure for some time. Wages in Sweden over the past two months have increased from around 165 SEK to 220 SEK per day. This represents about 55 SEK a day more, but in gold terms represents no change, at about 0.1375g a day throughout. This makes Sweden a good place to build a financial empire, since cheap currency= cheap land and cheap companies. The actual gold exchange rate doesn’t matter so long as it is consistent with wage and product values.



Profit per unit in weapons companies

This graph shows the profit per unit in Q5 and Q6 weapons companies. In other words it shows how much money per gun you make (or lose) taking into account market prices of raw materials, current bonuses, taxes and wages. As you can see, hiring workers in Q5 is barely profitable now. The big dip on the ninth made any weapons sold at market price on that day unprofitable, though of course wise company owners simply stockpile when market conditions are bad. Limited numbers of Q6’s means the profit there is the largest. A fully populated Q6 weapons company over this period would have made a total profit of about 6000 currency. This isn’t a large amount really, showing why a base of saltpetre mines is more useful from a profit perspective.



So in conclusion this week is a tale of bots. We have seen a gradual rise in prices, wages, and the value of gold. The offer mid-week spiked demand for gold, and the gaining of an extra resource early on pushed up production values.

We’ve seen a gradual increase in SEK value income, which is essentially worthless since every SEK earned over the 100k mark is untouchable in the treasury. One way to use some of that would be to MPP as many allied ONE and proONE countries as possible. It’s no loss but makes Sweden more flexible in terms of where you can hit, and also allows you to destroy some currency.

Over the next week I guess prices will stabilise around the bot price, with wages dropping a little as the initial surge for workers dies off. Gold price will probably drop to 1350 or so, perhaps as low as 1300. Long term I estimate a longer decline to around 1200, though that depends on there being no gold using offers (cheap energy bars or whatever) in the next few weeks. A “cheap gold” offer would accelerate the decline as people sell gold to buy saltpetres and land.

Until next week, Hej då and take care

Iain