Is the economy broken?
Releasethe Krakken
An economic recession is a general slowdown in economic activity.
Recessions generally occur when there is a widespread drop in spending (an adverse demand shock)
Our recession is caused by overproduction.
Now to determine whether your economy is broken you need to take the smallest viable producer in your items that has a fair to high demand.
And see if it still is economically viable.
Only thing that sells is WRM and Q7 WEPS and only viable factories is Q7 WEPS factory rubber plantation and aluminum mine for which the alu mine is the smallest.
Remember average daily salary * work tax percentage = work tax
for example 41 * 1/100 = 0.41 IEP
alu mine produces here 175 WRM for 0.41 cent and we get on the blackmarket still 0.15 . So 0.015 * 175 = 2.62 = 2.21 profit per alu mine
rubber plantation = 350 * 0.015 = 5.25 - 0.41 = 4.84 profit
I have been remodeling my business and will hit 100 Rubber plantations soon.
100 * 4.84 = 484 profit and say 60 * 2.21 = 132
Daily profit of 617 IEP per day or +- 3 gold per day or +- 4 rubber plantations added just by normal profits. Therefore I a have a monthly growth of 4% excluding stashes = 48% growth per year.
Thats 44% higher than then average growth of a rl country.
Now compared to the us market
We get a 100% bonus
So on 125 alu mine they get 250
and on rubber plantation they get 500
but their work tax is 3.43 per wam click with work tax at 10%
therefore alu mine 250 * 0.015 = 3.75 - 3.43 = 0.32
rubber plantation :- 500 * 0.015 = 7.50 -3.43 = 4.07
So a US Player actually makes less than his Irish counterpart due to taxes.
But actually would have switched his alu mines over to rubber plantations long time ago. By dissolving 7 alu mines you can buy 1 rubber plantation
in case of usa it means dropping 7 * 250 = 1750 WRM production for 500 WRM production.
But 7 alu mines makes 2.24 whilst 1 alu mine makes 4.07 profit so its a no brainer really
So I ask myself a person who says fix the economy: how is his own economy looking. dOes he have sufficient factories to produce a reasonable income or does he have 20 factories and now is dissatisfied with the 90 IEP he is getting per day. If we get the market back to 0.11 I make 7 times more than now which is
7.33 * 600 = 4400 or 20 gold a day he gets 630.
And people was complaining when we got that prizes that the economy is not working.
So my confusement is how much is the person self who is not being able to get his ducks in a row and how much is the economy itself.
Sidenote: The Us receives an average of 90000 cc per day in taxes or 2. 7 million per month and has no national army i know of. so what do they do with all of their money?
Comments
Yes
they will never implement furries as a product 😃
"So a US Player actually makes less than his Irish counterpart due to taxes."
Welcome to the beauty of the system we have given you in eIreland 😃
everyone makes more than the eUSA...
Not everyone makes more than Ireland though 😃
yes the us factory owners usa government makes on average 90000 a day. or 2.7 million per month. which i cannot for my life figure out what exactly they do with?thats 32.4 million a year
This all is just a proof how good we are with managing our finances, taxes and investments.
Many don't really see what's going on behind the scene, but those who understand the economy does.
this article almost makes me feel like i should start building up companies and hiring people.... almost. im way too lazy to actually do it.
I suppose it would be a use for the hundreds of gold I've got
donate krakken - other good use jk q7 factory requires too much work tickets imo. yes this would be a good way to get some more money.
actually shytach you dont need to hire a single soul and you can toggle all your factories at once. i dont even select my 196 factories game auto select them i just click submit to the bottom and get my stuff easy peacy. then i have a regular buyer who buys all my stuff .
Good article, voted!
V
Don't listen to krak we has no idea what he's talking about!
Voted anyway
where is the money? 3.4 down to 1.9