What you can do for Canada! a v2 preparatory guide.

Day 841, 19:38 Published in Canada Canada by Goran Thrax

It's been a while since I last shared some thoughts with all of you, but again, times are troubled. The specter of v2, looms over us, and frankly fear more than anything is the driving force behind our current economic woes.

Company owners are scared, they have stockpiles they want to desperately sell before v2 comes, some of them don't know what the future holds for their companies, they want out and they close their doors. Workers get fired, and there are fewer and fewer companies open to hire them, wages fall and our markets are clogged with goods.

It's terrifying, profits for everyone are shrinking, and the government, expected it. Fear of the unknown, is normal, the Admins have explained the basics of the coming changes, but not all minds are eased by the explanations in the insiders. Fear, gets the ball rolling, and unfortunately panic, breeds panic. This isn't the end of the world, in fact our horizons will get broader, we will have more choice, and more to do in eRepublik than ever before, but the unknown, is still scary.

We are living through a crunch, it's true, but the Government has a plan, we are saving up gold as I speak so the government can make the transition to the new economy. New economic sectors will be opening, new opportunities for citizens to found new companies, and hopefully, make more money.

So, I thought I would include a few useful suggestions, to help every citizen keep it together during these troubled times, and be ready to take full advantage of v2 when it debuts.

Steps for v2 Readiness:

Don't Panic! - It might be a beloved fictional reference, but it's good advice, take a moment, to contemplate all decisions before you make them.

Don't impulse buy off the market. - Prices will fluctuate, some company owners, both foreign and domestic are trying to cash out. Buy only what you need, keep an eye out for a good bargain, and keep a tight leash on your CAD, we aren't getting paid as much these days, keep control of spending.

Be Careful on the Monetary Market. - Don't be alarmed by variations of the value of the CAD, the market will flux, the value will go up and down as people scramble to liquidate companies and other assets. The Government will work to control any wide variations in value, but the CAD isn't going to freefall, so don't worry. These value fluctuations are happening everywhere.

It's time to hold your gold! - All currencies, and all commodities are really traded against the Gold standard. Your gold is precious, now isn't a great time to be spending it, it will be even more valuable to you, in v2.

Don't start a company. - With so much changing, now is the time to hold gold, and start a company in a new sector once v2 is here. Several old sectors of the economy will be changing, investing in them now could lead to wasted gold, and a loss for you.

Don't spend on advanced Training. - Yes, Lana is pretty, yes it's tempting to keep increasing strength as fast as possible, but we don't yet know how Strength is going to translate into the new war module. Also, we know that we will be able to devote time, for free, to study and training in the new module. The gold you save now, can always be spent on training later, but the prices could be better once v2 is here. Keep training for free, keep reaching for those super soldier medals, then hold onto that medal gold.

Don't be fooled! - In fearful times, the unscrupulous will seek to swindle you out of your hard earned gold. Several schemes have already been exposed. Be very careful with whom you invest your funds. Contracts aren't guaranteed protection, only deal with people you know and trust.

Practice safe investing. - There are a few trustworthy Canadians out there, that will put your gold to a profitable use for both parties. A simple, and safe option are Government bonds. Several times the Government has issued bonds, and paid large profits on them, to help win wars, and build our infrastructure. The Government is in the process of paying back the last bond issue, keep your eyes peeled for the next one, it's right around the corner! For other investment opportunities, talk to your fellow citizens, read the news, and ask about rates of return. If it sounds too good to be true, it probably is!

Finally, in Conclusion... We are one nation, one community. The more we help each other, trade with each other, employ each other, and guide each other, the stronger we become. Buy Canadian, talk to other Canadians, join the forum, read the news, join us on IRC. Ask tough questions of your leaders, keep us all working together. Politics, and fear, can divide us, fear is our greatest enemy in times like these. We cannot allow such petty motivations, to stand in the way of our community and it's citizens. Spread the word, let your fellow citizens know what's really going on, and how to deal with it, and most importantly, deal with it together Canada.

Your Deputy Prime Minister,
Goran Thrax