Economic Depression is upon us
Day 299, 04:15
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Published in Norway 
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by
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by Alijohtaja
We have hit new economic depression. Government presses more money to stabilize money issues caused by population growth and Forconin (those infamous 4000 gold). All of eNorway's money has gone to citizen fees (formely 30NOK, now 10NOK) due the huge still on going population growth. New citizens get only 10NOK now a days, and they have to find a job fast.
Then there's the problem.
There are over one thousand new citizens and dozens of new companies. Some companies can't pay salaries because competition on market has grown too much. Too many new citizens won't get a job because companies are in trouble.
Thank you for reading
Then there's the problem.
There are over one thousand new citizens and dozens of new companies. Some companies can't pay salaries because competition on market has grown too much. Too many new citizens won't get a job because companies are in trouble.
Thank you for reading
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Comments
Normal market development, I would say. People are forgetting that not all players can own companies. The old oligarchs can drive any new company into bankruptcy by lowering their prices. The situation should become easier, once Finland declares independence and the V1 update arrives. Less competition and new company choices.
PM me if you want a job in the food industry.
This has NOTHING to do with the gold that we put into safe-keeping by forconing.
Stop blaming everything on that, and just move on.
I have a cold because of Forconin and his treasury abuse. Damn you Forconin, damn you.
I think the problem is that there is too many companies offering products.
There should be possibilities for the gov. to prevent founding of new companies (I\'m no commie, but the way it is now is not healty).
Also the gov. should be able to declare unserious businesses bankrupt.
The economy is out of control, we have way more supply than demand, because it is too easy to start new businesses.
the correction will come with a delay. no need for goverment to involve directly. changes in taxation and so on would make the same trick on a longer run than declaring companies bankrupt. and who is there to control that somebody could declare a company bankrupt that has no problems but that somebody hates the owner.
The market will sort it self out over time. As businesses go bankrupt. No need for government regulations on this.