Name: Banks: Bogey or Bust?
Validity: Only nations with economic freedoms above moderate.
Description: Due to some questionable lending practices, Credit Crunch Capital, a leading investment bank in @@NAME@@, has found itself with no money on hand. The bank will soon be forced to close its doors if nothing is done.
[option]"Look, this isn't really our fault," @@RANDOMNAME@@, CEO of Credit Crunch Capital says during an impromptu meeting on the golf course, "The people we bought those mortgages from profited and left us holding the bag! If we fail, so will the people we owe money to, and the people they owe money to. You can't let that happen! The entire economy of @@NAME@@ could fall apart. If you'd be willing to let the government bail us out, that can all be avoided. We'll even promise not to go for such risky investments in the future. FORE!"
[effect] banks are bailed out when they fail and allowed to keep profits when they don't
[stats] increased taxes, increased funding to administration, increased funding to industry, economic freedoms slightly decreased,
[option]"You have got to be kidding me," @@RANDOMNAME@@, your caddy, interrupts, "These fat cats have been using my money to make stupid investments and now they want MORE!? Let them fail. My deposit is insured by the government anyway. That nine-iron's a good choice sir,"
[effect] "a shoebox under the bed" is considered a solid investment
[stats] increased taxes, decreased funding to administration, economic freedoms increased
[option]"Woah Woah Woah," @@RANDOMNAME@@, your Treasury Minster and golf partner says, "Now I agree, it's ridiculous to just hand these banks money and hope the problem goes away. Why don't we just take them over? We'll assume their debt and work this thing out ourselves. At least that way we know the problem will be solved for good. Dang, right in the sandtrap!"
[effect] recent bank nationalizations are rendering foreign shareholder's investments worthless
[stats] greatly increased taxes, greatly increased funding to administration, greatly increased funding to industry, economic freedoms greatly decreased
Ok, so there isn't a banking industry in NS. And I've never done an issue before... but this is what I came up with. Critique to your hearts content because I have no idea what I'm doing here. The description could probably use some punching up at the very least. Also is it true that the backlog on these is all the way to mid 2012?
And yes, that's a pun on the word bogey(it can also mean "a generic source of fear").