Polar Svalbard wrote:Randmar wrote:Who here believes they have a large, Stable, economy?
I am looking for a reserve currency.
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You can tell if your economy is stable if it focuses on stable markets such as the food industry and a few lower tier industrial process. For instance Alabama has a very stable economy and weathered the recession fairly well in part thanks to the variety of its industry and its focus on steel and agriculture. the tech industry, shipping, and higher tier manufacture such as automobiles are notoriously unstable so the more dependent your economy is on those the more unstable it is.
So my economy is a huge exporter of arms and oil making up a good 75% of the GDP, how's that
5% is steel and 5% is agriculture. 5% is in technology and 10% comes from tourists
Arms are a fairly average in terms of stability but oil is a very stable market so long as the modern world is reliant on it, what is the exact partition of that 75% between arms and oil.