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Were did i go wrong.

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Thartar
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Posts: 177
Founded: Jun 10, 2011
Ex-Nation

Were did i go wrong.

Postby Thartar » Mon Jun 13, 2011 7:04 am

Help my economy is collasping what should i do.

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The Planet Carpathia
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Posts: 362
Founded: Mar 25, 2011
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Postby The Planet Carpathia » Mon Jun 13, 2011 8:00 am

Stop being communist. That is, answer issues in a way that benefits private enterprise.

Alternatively, just RP as though your economy is fine and dandy. Your nation page needn't be the gospel truth about your nation if you don't want it to be.
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Hushab
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Posts: 388
Founded: Feb 02, 2011
Ex-Nation

Postby Hushab » Mon Jun 13, 2011 12:49 pm

1. lower the tax rate.
2. raise freedom everywhere. Your civil and political freedoms aren't looking so good either.
3. just in general allow for more private enterprise.
Are you angry yet?

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Heningrad
Diplomat
 
Posts: 834
Founded: Apr 28, 2011
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Postby Heningrad » Mon Jun 13, 2011 12:51 pm

don't spend money on ANYTHING.
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East Klent
Minister
 
Posts: 3002
Founded: Jan 12, 2010
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Postby East Klent » Mon Jun 13, 2011 12:53 pm

My tax rate is high, though by accident, yet my economy's fine.

Just answer the issues in a way that benefits private enterprise as Carpathia said.
IC: The United Republic of Klent, URK, or the United Klentian Republic. Canon Project
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TNN: 6/30/15
The CKDA goes to Congress for ratification and the administration prepares for talks in Batavia.

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Whiskey Hill
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Founded: Sep 22, 2009
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Postby Whiskey Hill » Mon Jun 13, 2011 12:53 pm

Hushab wrote:1. lower the tax rate.
2. raise freedom everywhere. Your civil and political freedoms aren't looking so good either.
3. just in general allow for more private enterprise.



These aren't necessary.

Subsidize businesses. Side with businesses more often. You can walk a decent path between supporting regular people and supporting business and have a decent economy.

I've found that tax rate has nothing to do with it. I have the highest rating for my economy (Frightening at 96/100) but my tax rate is 72%. Another of my nations is similarly rated (Frightening at 96/100) but has a tax rate of 13%.
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Gawdzendia
Minister
 
Posts: 2177
Founded: Jan 17, 2010
Democratic Socialists

Postby Gawdzendia » Mon Jun 13, 2011 12:56 pm

Whiskey Hill wrote:
Hushab wrote:1. lower the tax rate.
2. raise freedom everywhere. Your civil and political freedoms aren't looking so good either.
3. just in general allow for more private enterprise.



These aren't necessary.

Subsidize businesses. Side with businesses more often. You can walk a decent path between supporting regular people and supporting business and have a decent economy.

I've found that tax rate has nothing to do with it. I have the highest rating for my economy (Frightening at 96/100) but my tax rate is 72%. Another of my nations is similarly rated (Frightening at 96/100) but has a tax rate of 13%.


If you do use a Tracker, (and I suggest you do.) There is a near direct correlation between the size of your budget, and the power of your currency, as compared to your tax rate. Lower taxes = better currency, higher taxes = more budget.
Last edited by Gawdzendia on Mon Jun 13, 2011 12:56 pm, edited 1 time in total.
NATIONSTATES STATS USED IN THEIR ENTIRETY
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Pesda
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Founded: Jun 26, 2010
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Postby Pesda » Mon Jun 13, 2011 12:56 pm

Don't ban cars. It has a huge effect on the economy. When I did, it went to the 'imploded' level. All I did was a few compromises (in other words, not being so hardcore against businesses), and now my economy is strong enough to ban cars again!
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Whiskey Hill
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Founded: Sep 22, 2009
Ex-Nation

Postby Whiskey Hill » Mon Jun 13, 2011 1:12 pm

Gawdzendia wrote:
If you do use a Tracker, (and I suggest you do.) There is a near direct correlation between the size of your budget, and the power of your currency, as compared to your tax rate. Lower taxes = better currency, higher taxes = more budget.


I prefer NSEconomy. http://nseconomy.thirdgeek.com/nseconom ... iskey+hill

I don't want an overly strong currency, and nobody should. Mine is already 1 dinar per $1.69, which is too strong for my nation. My other nation that I mentioned is at 1 to $1.76, so I don't think there's a perceivable difference unless your tracker picks it up and mine doesn't, in which case I prefer NSEconomy so I don't care.
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Velgorod
Civil Servant
 
Posts: 8
Founded: May 06, 2011
Ex-Nation

Postby Velgorod » Mon Jun 13, 2011 1:51 pm

It's possible to be semi-communist and still have a decent economy, just you banned cars and outlawed gambling which is always a horrible thing to do for your economy. Pretty much the best way to have a good economy is be sorta laxed when it comes to regulation, your NS page wont show it because you have private industry banned already. And don't ban things that are profitable industries in the capitalist world, the game will take a huge hit to your economy rating even if that industry is small and fully regulated. The one thing that bugs me the most is all the private industry issues you get when you have banned private industry.
Last edited by Velgorod on Mon Jun 13, 2011 1:54 pm, edited 1 time in total.

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Thartar
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Posts: 177
Founded: Jun 10, 2011
Ex-Nation

Postby Thartar » Mon Jun 13, 2011 3:28 pm

Ok but how do you change your decisions you already made.

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East Klent
Minister
 
Posts: 3002
Founded: Jan 12, 2010
Ex-Nation

Postby East Klent » Mon Jun 13, 2011 3:30 pm

Thartar wrote:Ok but how do you change your decisions you already made.

You just wait for them to come, as they will do, and in the meantime choose that answers on the new issues that will improve your economy.
IC: The United Republic of Klent, URK, or the United Klentian Republic. Canon Project
Defcon:1 2 3 4 (On Alert) 5

TNN: 6/30/15
The CKDA goes to Congress for ratification and the administration prepares for talks in Batavia.

NEKSE ▲39.63 |NKTSE ▲25.03|GDIE ▲8.45


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Orthaethaczil
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Posts: 399
Founded: Jul 06, 2010
Ex-Nation

Postby Orthaethaczil » Tue Jun 14, 2011 1:48 am

Taxes dont matter that much.

If you get the issues
- support artists (hint: game creator is an artist !)
- raise tariffs to protect your economy
- give money to the industry
- sacrifice the environment for the economy (you can be fine without it, but it will be slower)
- lower rights of workers (obviously, but be careful with that one)
Be fruitful and multiply.

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Hushab
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Posts: 388
Founded: Feb 02, 2011
Ex-Nation

Postby Hushab » Tue Jun 14, 2011 10:14 am

Whiskey Hill wrote:
Hushab wrote:1. lower the tax rate.
2. raise freedom everywhere. Your civil and political freedoms aren't looking so good either.
3. just in general allow for more private enterprise.



These aren't necessary.

Subsidize businesses. Side with businesses more often. You can walk a decent path between supporting regular people and supporting business and have a decent economy.

I've found that tax rate has nothing to do with it. I have the highest rating for my economy (Frightening at 96/100) but my tax rate is 72%. Another of my nations is similarly rated (Frightening at 96/100) but has a tax rate of 13%.

subsidizing business is a very slippery slope to fall down. It raises taxes by a lot and doesn't necessarily have many benefits. Small subsidies are best. And really? You don't want a strong currency?
Are you angry yet?

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Whiskey Hill
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Posts: 1319
Founded: Sep 22, 2009
Ex-Nation

Postby Whiskey Hill » Tue Jun 14, 2011 10:36 am

Hushab wrote:subsidizing business is a very slippery slope to fall down. It raises taxes by a lot and doesn't necessarily have many benefits. Small subsidies are best. And really? You don't want a strong currency?


In game subsidizing businesses is very valuable. Its one of the best ways to boost your economy. Why does the tax rate matter for anything other than ideology? You can get the highest rating for an economy with a high tax rate.

And no, I don't want a strong currency. I'm an export-driven economy.
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Esternial
Technical Moderator
 
Posts: 54369
Founded: May 09, 2009
Inoffensive Centrist Democracy

Postby Esternial » Tue Jun 14, 2011 11:21 am

Answer any issue with the answer that will provide the greatest advantage to your economy.

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Hushab
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Posts: 388
Founded: Feb 02, 2011
Ex-Nation

Postby Hushab » Tue Jun 14, 2011 1:51 pm

Whiskey Hill wrote:
Hushab wrote:subsidizing business is a very slippery slope to fall down. It raises taxes by a lot and doesn't necessarily have many benefits. Small subsidies are best. And really? You don't want a strong currency?


In game subsidizing businesses is very valuable. Its one of the best ways to boost your economy. Why does the tax rate matter for anything other than ideology? You can get the highest rating for an economy with a high tax rate.

And no, I don't want a strong currency. I'm an export-driven economy.

A higher tax rate means taking more from your businesses. Subsidizing is a great way to give it back, but has to be executed with perfection or else your best aspects of the economy go unfunded...
and there have been plenty of export-driven economies with strong currencies...
Are you angry yet?

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Burtonea
Envoy
 
Posts: 289
Founded: Jul 06, 2010
Ex-Nation

Postby Burtonea » Tue Jun 14, 2011 9:48 pm

Hushab: There are some areas where the game doesn't match real economics, such as subsidies (where you take from the firms that succeed in the marketplace and give the money to where the politicians want it), and taxation (which pretty much has no impact on your economy, so you can have 100% taxes and not live in mud huts), but overall its got the big idea right: Free enterprise = prosperity, other = not prosperity.
Orthaethaczil wrote:Taxes dont matter that much.

If you get the issues
- support artists (hint: game creator is an artist !)
- raise tariffs to protect your economy
- give money to the industry
- sacrifice the environment for the economy (you can be fine without it, but it will be slower)
- lower rights of workers (obviously, but be careful with that one)

^Pretty much this.

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Orthaethaczil
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Posts: 399
Founded: Jul 06, 2010
Ex-Nation

Postby Orthaethaczil » Wed Jun 15, 2011 7:18 am

Hushab wrote: subsidizing business is a very slippery slope to fall down. It raises taxes by a lot and doesn't necessarily have many benefits. Small subsidies are best. And really? You don't want a strong currency?
Again: it doesnt matter that much how high taxes are.

Subsidizing is a very good guaranteed boost for the economy, and it doesnt even lower your civil or political scales.
Be fruitful and multiply.

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New Holy Brittannia
Civil Servant
 
Posts: 6
Founded: Apr 15, 2011
Ex-Nation

Postby New Holy Brittannia » Wed Jun 15, 2011 7:20 am

Hushab wrote:1. lower the tax rate.
2. raise freedom everywhere. Your civil and political freedoms aren't looking so good either.
3. just in general allow for more private enterprise.

You don't need a low tax rate, or good civil rights and political freedoms to get a good economy.

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Eaglleia
Post Marshal
 
Posts: 17378
Founded: Feb 06, 2011
Ex-Nation

Postby Eaglleia » Wed Jun 15, 2011 7:22 am

Every time a coorporation suggests something, go with it.
Orthaethaczil wrote:Taxes dont matter that much.

If you get the issues
- support artists (hint: game creator is an artist !)
- raise tariffs to protect your economy
- give money to the industry
- sacrifice the environment for the economy (you can be fine without it, but it will be slower)
- lower rights of workers (obviously, but be careful with that one)

:clap: Ooh, you got all of them!
Edit:Judging by your flag, you are most likley communist.
Well, this game is capitalist biased, so, communist/public industry majority=Crap economy.
Capitalist/Private industry majority=awesome economy...
Last edited by Eaglleia on Wed Jun 15, 2011 7:23 am, edited 2 times in total.

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Deppreeve
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Posts: 225
Founded: May 25, 2008
Ex-Nation

Postby Deppreeve » Wed Jun 15, 2011 7:26 am

Thartar wrote:Help my economy is collasping what should i do.


I can't say that I am surprised. You don't allow anyone to start businesses to create any national revenue such as trade or employment.
Last edited by Deppreeve on Wed Jun 15, 2011 7:27 am, edited 1 time in total.

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Thartar
Spokesperson
 
Posts: 177
Founded: Jun 10, 2011
Ex-Nation

Postby Thartar » Wed Jun 15, 2011 4:15 pm

Made my decision staying a democratic socialist but ya bring in the gambling and cars my economy is already growing with the population one day thartar will grow to be as large as the ussr ( during the 50s and 60s)Thank you for all who spoke there mind.

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Mature Related
Envoy
 
Posts: 337
Founded: Apr 30, 2011
Ex-Nation

Postby Mature Related » Wed Jun 15, 2011 4:40 pm

having a large economy isn't necisarily a good thing, for example it usually means that everyone is unskilled at things other then their primary job, and thus need to pay others to do everything else. In the end you have a nation full of single function idiots.

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Naurobia
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Posts: 1562
Founded: May 26, 2011
Ex-Nation

Postby Naurobia » Wed Jun 15, 2011 4:44 pm

That tends to happen when you have an economy dominated by the public sector. Just simply answer your issues in a way that would benefit the private sector more than the public sector.
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