Economy going strong! - Quick Economic Overview

Day 237, 05:27 Published in Japan Switzerland by Antonio Fonti

We all know that Japan has one main problem, that is the lack of citizens coming into our nation, we lag behind other more industrialised nations just because of this one fact.

After having looked round you should notice that we use all our resources to the very best of our abilituies, with the recent food crisis over the market has seen an incredible recovery with many products being available in all fields at affordable prices for any person with a decent wage. With the most abundant industries being Food, gifts and weapons, as it should be. With the more luxury markets, such as housing being limited to a few companies, but still producing many low and high quality products at a price in relation to the rest of the market. This is a testiment to how we have managed to pool resources into the most needed areas, despite how limited those resources are.

The second area for anyone to look at is the exchange market, i was horrified to discover last week the jpy fell to an abysmal low of 1JPY = 0.018 gold, luckily this week the currency has stabilised at its usual 0.02 to 0.024 range, this is of course reflected in the Gold to JPY exchange which has currently returned to its normal rate of 1 gold = 50-60jpy. Such anomalies as last week can be attributed to the few who try to gain an edge by posting offers at lower then standard prices, most notably it was foreigners who momentarily destabalised the market. But with some luck it will stay stable in the coming months.

A prolem however is inflation which seems to be on the rise from 20 or so % to over 30% now, this however is no concern, you'll probably have seen a thread on the forum at the moment concerning Portugal's inflated economy, it is the general consensus that inflation has little on the economy if wages and such can keep it with it, atleast in the game because of the way it is currently set out, so we have little to worry about at the moment. It should also be noted that because our economy is so small at the moment that even slight changes can cause the balance in our markets to change, this can and is however being helped by the government in many ways, such as regulating prices on the markets with government owned companies and such. I'm not saying inflation is a good thing, but it isn't effecting us too much at the moment, and it can be dealt with and it not nearly as bad as some of the other nations, this problem in my opinion can be attributed to the lack of gold in Japan (outlined in the last paragraph below).

So overall with what we have at our disposal we're doing quite well and it is my belief that with an even larger population we could compete with the much more industrialised nations, over the last month our population has grown and this of course has been reflected in our number of companies and the numer of higher quality ones.

It does seem that however gold is also a limiting factor, i'm sure that if more gold were in the coutry we'd have more higher quality companies, this will however as i say become fixed when our population grows and gold in through invites and foreign investments. So all looks bright for the moment.