The Evolution Of The Irish Market
5n4keyes
Being one of the first to play eRepublik, and moving to ireland on my second day, i think im more than qualified to discuss the market and how its evolved in ireland.
When I first came to ireland, there was only 3 food companys, one owned by Landis, the other Patton, and i beleive the third was owned by a guy whos since been banned. Plus atleast one of every type of company.
The market was in all honesty then fine, alot of food, so much infact that most companys bought export licences, and shipped to countrys with less food, gifts, etc.
Then early on we began having huge dumping, where food would be placed no the market, at 200 peices at a time, for half of what it cost for us to produce it! so food wouldnt sell from irish companys, this went on for quite a while, as the import tax was raised to try and stop this happening, insted these companys would again lower there prices so there products were sold. So eventually it was decided on a really high tax rate. This kinda solved the problem, however...
What happened next and has happened several times, is irelands growth hasnt been reflected in the markets, this was mostly due to skilled workers being brought in from places like sweeden. This lead to huge holes in the food market, one which really took alot of effort to solve, with the goverment setting up training companys so people were skilled enough to produce higher quality food if food was ever short again.
More recently the focus has been on houses, i beleive up until this point there was only 1 housing company, most of the houses here were imports at crazy prices. So a massive investment was made by several people and several housing companys purchased and houses start to flow.
The irish market is very different from anywhere else, most products are sold at little over cost, infact many things like houses, run at a loss. But the reason they can do this is mostly due to groups investing together, we have people like patton, Pure Group, BAPS, ISG, all working as groups to keep the markets working, adapting to changes in the market. Yes there are people who dont own as much as these companys, but they too run on the same principles.
The irish market doesnt need more companys, the irish market needs more workers. If Victor wants this country to thrive, then logically placing as many workers into already established companys would work best, allowing once again Ireland to properly export excess goods to other countrys around the world, at cheap and affordable prices.
Ireland doesnt need Imports, we can sustain ourselves quite nicely, lowering import tax will only serve to kill what is a perfect market, and then what happens if this goes ahead, and the irish companys die, what if people stop importing? or sell there products at such a high price the irish people cant afford them?
Long term needs to be looked at rather than short term, and money should be saved for V1 of eRepublik, rather than investments made into companys that already exist, companys that are already producing whats needed.
Comments
Agree to all.
I would like to present you with our new avatars.
I am proud to be Irish.
Victor McPetrescu what a fool.
You\'re just gealous we found the avatars first.
??? Victor what idiocy are you on about now ?
@5n4keyes - Nice article.
In the end someone who says something usefull for eIreland workers
Thanks to 5n4keyes
exporting is highly overrated. (and only the elite really profits somewhat)
focus all avaiable manpower on cheap houses instead of exports (like weapons and moving tickets) and you will have a thriving society in no time. with contented people because they have a (good) house.
Houses actually are pretty much the only resource of significant value in the game.
So your idea of a thriving society in eRep is to produce houses alone and then rely on foreign dumping to provide any other resource ? So a \"thriving society\" will completely depend on foreign producers for food, weapons, tickets etc ? This is your great idea ?
Prior to the rats arrival we were producing enough of everything (very cheaply) and were focusing on providing cheap houses (cheapest in eRep) to everybody. So he comes along - screws around with the economy and the currency, proposes screwing the economy completely and you propose a dumbed down version of what we were already doing as the solution ?
How about he just leaves the economy the way it is without applying some idiot scheme ? We will continue to provide cheap houses, food, weapons and tickets as we have done previously. Every time he screws with things the economy nose dives even further - when will this clueless moron learn to leave things alone ?
You fired my men from your companies.
You refused to sell products to us and you sell them at \"specific hours\".
You took the gold and the IEP from the treasury.
I will not sit around and wait for you to give us products.
Victor the markets aren\'t selling at \"specific hours\" you see alot if us have jobs and can set products on sale in accordance to our working hours. I\'m not a GM btw so maybe I missed this secret meeting we must of had.
You are also missing the points provided to you as if they don\'t exist.
Why according to your working hours.
You should leave all the products on the market. So we can buy them also.
Or you just can\'t make enough for everybody? That\'s the same as keeping them for yourself.
I didn\'t say that, I said \'avaiable\' workforce, there\'s a certain amount of necessary workforce in the food and gift-sector (though eventually if all have good houses gifts are pretty obsolete except in war)
actually if all are provided with good houses (Q3/Q4) pretty much only Q1 food is needed. (in wartime ofcourse higher quality food could be useful, though there\'s this thing called losing 3 or 4 wellness when working in a Q3 or Q4 company..
also producing less..
My housing company in bulgaria was (is) the cheapest btw (or at least cheaper than here).
we lost money yes, but it mattered lttle. useles money. just gather piles of it and use it as a spending pot fof a company/companies.
the only god damned anomaly in this game is called greedy people. and there\'s enough to go by,
Oh ffs Victor. You see we supply according to our working hours because that is all we can do. We can\'t all be here setting products all day. I\'d like to go down to the pub tonight have a pint after work. RL >ER at times anyone can wait for products I have yet to see an empty food market. Infact I\'ve only seen that a few times during my Erepublik life. When we was flooded with expensive imports.
OK - I\'ll type this slowly and use short words.
The ... food ... and ... stuff ... is ... on ... the ... market.
The specific hours you talk about are also known as Irelands waking hours.
Also - I never fired anyone/took anything/refused anything as I (and 99% of the rest of Ireland) are not leaders - industrial, political or in any other way.
But then again you don\'t care about raping eIreland and devastating the local economy for the average worker do you ? Scum is as scum does...
Len,
mar-ket = 2 syllables, you have to keep it simpler lad, Victor\'s a bit dim.
@Vyse: \"When we was flooded with expensive imports. \"
Why would expensive imports bother you?
@Len: By \"you\" I am using the plural. The \"opposition\".
Your plan is economic madness, it won\'t / can\'t work. Your defense of it shows how daft your really are, let it go Victor, admit you were being a petulant twat when you posted that idiotic article, all it was a fool\'s attempt to try and threaten the people of this country..........stand up, be counted.
@Inquitus. I don\'t threaten. It\'s not what I do.
I will lower those taxes and keep them low for 2 months.
You guys can go on vacation as of today.
You will be gone in 27 days Victor, 27 Days 😉
I\'ve only seen 10 people from the opposition around. Who will vote for someone rather than me?
And don\'t underestimate the new Department of Immigration.
It can do wonders for a country.
The same 60 + that voted against you last time and then some.
Aye you came like a thief in the night, but by doing so you have galvanised all of eIreland against you, our elections were a bit of a foregone conclusion hence the low turnouts in recent times, but now people have a a great reason to exercise their democratic rights.
Galvanised the whole 10 people?
Ha not all of us talk in the media. Just like your friends in fact for the most part.
Usually Vyse Inquitus Ima Len Patton Collins are just the first to respond, i\'m sure i\'m forgetting a few. the fact that not everyone responds to the article doesn\'t mean that it\'s not read by everyone. I hardly ever react, since usually i don\'t have anything constructive to add anyway, so i\'ll refrain from saying anything.
Crracken that last staement is the most intelligent thing I heard all day
and if he wins the vote it will be 27 plus how many days it takes us to organize our allies armies. You will not keep what is not yours Victor.