OOC: 2012 I.I. Global Recession

[Automagfreek]

2012 INTERNATIONAL INCIDENTS GLOBAL RECESSION

In response to this thread, a situation has emerged which has not taken place in I.I. history. Several nations from Gholgoth, most notably Yohannes, Anemos Major, and Milograd, have suspended all banking operations, oil production, and arms sales to the international community. As many already know, Yohannes is perhaps the biggest economy in the world, commanding a majority share in the banking industry, and as such the markets of many nations, even if not directly tied to Yohannes, will be affected.

The Atraezan Oil Corporation, Athena Aerospace Consortium, Yohannesische Bundesbank, Royal Beaufort Shipwrights Guild, VMK Defence & Steel Works, Anemonian State Armaments Export Authority, and Arjuna Tea Services Corporation have suspended all their export operations due to the embargo/blockade incident. The Yohannes branch of Lyran Arms has also been shut down, with more businesses expected to follow. Panic runs on banks in No endorse are being reported, and are expected to spread across the globe.

For the sake of cataloging this unprecedented event, I will be compiling a list of threads related to the global recession. Anyone is encouraged to participate in their own way, should they choose to be apart of this I.I. history making moment. I will also attempt to put up a timeline of events.

2012 I.I. Global Recession Thread Index

Embargo of Gholgoth and its nations = MT
Embargo of Gholgoth and its nations (MT, Discussion Place)
VWC Statement on Historic Global Economic Crisis
Sky Corporation press release on the Depression
Redport Whiskey Lowers Prices For Gothic Stores
Zapadnislavia Suspends Currency Trading [Depression]
An Attempt to End an Economic Crisis (MT - Gholgoth Embargo)
The Conspiracy Unfolds

2012 I.I. Global Recession Timeline

• Aug 23, 2012 7:11 am - Aerosalia announces that it will embargo all Gothic nations, and urges others to follow.
• Aug 23, 2012 4:36 pm - First official announcements from Gothic nations begin, mobilizations follow.
• Thu Aug 23, 2012 9:29 pm - The United World Order announces its support for the embargo, and announces its intend to turn the embargo into a blockade.
• Thu Aug 23, 2012 9:41 pm - Posturing begins between pro-Gothic and anti-Gothic forces, resulting in mass mobilizations.
• Fri Aug 24, 2012 2:43 pm - Automagfreek announces it is mobilizing 60 million men for defense and counter-invasion purposes. Gothic navies set sail to confront the blockade.
• Fri Aug 24, 2012 3:32 pm - The Akimonadi vessel "AMS Skua" sets sail for Gothic waters.
• Fri Aug 24, 2012 4:06 pm - Aerosalian ships enter Gothic waters and begin heading for Minnysota.
• Fri Aug 24, 2012 4:54 pm - Crimmond joins the fray, sparking a new wave of nations joining both sides of the conflict.
• Sat Aug 25, 2012 2:52 am - Maltropia confronts the AMS Skua inside Gothic waters.
• Sat Aug 25, 2012 9:34 am - Mizialand sends three nuclear armed planes to Automagfreek, but are intercepted by Freekish aircraft.
• Sat Aug 25, 2012 7:28 pm - Yohannes announces that due to the embargo and blockade, it is shutting down the international transactions of Yohannesische Bundesbank, Royal Beaufort Shipwrights Guild, VMK Defence & Steel Works, and Arjuna Tea Services Corporation.
• Sat Aug 25, 2012 7:26 pm - Anemos Major announces it is shutting down Anemonian State Armaments Export Authority.
• Sat Aug 25, 2012 7:42 pm - Athena Aerospace Consortium shuts down.
• Sat Aug 25, 2012 7:44 pm - The Atraezan Oil Corporation shuts down.
• Sat Aug 25, 2012 8:05 pm - The central bank of Questers moves to buy up shares and prevent an economic crisis.
• Sat Aug 25, 2012 8:05 pm - Yohannes announces that their branch of Lyran Arms has shut down.
• Sat Aug 25, 2012 8:21 pm - Wolf and Sparrow Shipwrights shuts down.
• Sat Aug 25, 2012 8:25 pm - Mansley Systems issues a statement attempting to calm the arms market.
• Sat Aug 25, 2012 8:27 pm - Panic runs on banks in No endorse begin.
• Sat Aug 25, 2012 8:28 pm - The Akimonadi island of Sodor is invaded by New Beauvais. War is declared.
• Sat Aug 25, 2012 8:30 pm - Akimonadi-Milogradian Consolidated Industries shuts down.
• Sat Aug 25, 2012 8:31 pm Designwerks announces price hikes due to market panic.
• Sat Aug 25, 2012 8:49 pm - Due to sudden spikes in gas prices, riots break out in New Beauvais, killing 12.
• Sat Aug 25, 2012 8:51 pm - VWC issues a statement to calm nerves as global markets turn south.
• Sat Aug 25, 2012 8:53 pm - The Kievan People announce they are halting all exports of gold and silver.
• Sat Aug 25, 2012 8:54 pm - Minnysotan naval forces confront the blockade.
• Sat Aug 25, 2012 9:01 pm - Sky Corporation issues a statement on the financial crisis, and announces losses.
• Sat Aug 25, 2012 9:11 pm - Redport Whiskey lowers export prices for Gothic nations.
• Sat Aug 25, 2012 9:15 pm - The United World Order stock market tanks, prompting mass demonstrations and civil unrest.
• Sat Aug 25, 2012 9:23 pm - Ohsung Petroleum attempts to stave off more disruption in the oil markets by creating slush funds.
• Sat Aug 25, 2012 9:21 pm - Aerosalian forces clash with the Minnyostan navy.
• Sat Aug 25, 2012 10:08 pm - Panic bank runs begin in Belkaland.
• Sat Aug 25, 2012 10:30 pm - The Zapadnislav Central Stock Exchange suspends currency exchange.
• Sat Aug 25, 2012 10:31 pm - The Imperial Bank of Symphonia shuts down.
• Sat August 25, 2012 3:21 am - The Maltropian fleet in the Minnysotan EEZ withdraws to international waters and sails northeast.
• Sun August 26, 2012 6:13 am - Aerfort Chorcaí Idirnáisiúnta in Maltropia announces the temporary closure of its routes to Gholgoth.
• Sun August 26, 2012 9:37 am - Ardnacrusha Naval Yards commences foreign export in an attempt to capitalise on the closure of other firms.

[ViZion]

This is going to shake GE&T majorly.

[The Grand World Order]

Grand Commander Griffith Victor is one of the top shareholders in Griffincrest Oil.
The GWO's Maverick Defense Industries, Emorden Firearms Manufacturing, and Geist Solutions are huge arms producers.

Hypothetically, does this mean that the GWO might swell into an economic power? More specifically, if I decided to actually go on GE&T, would a winner become me? :P

[ViZion]

VWC Statement

[Automagfreek]

Grand Commander Griffith Victor is one of the top shareholders in Griffincrest Oil.
The GWO's Maverick Defense Industries, Emorden Firearms Manufacturing, and Geist Solutions are huge arms producers.

Hypothetically, does this mean that the GWO might swell into an economic power? More specifically, if I decided to actually go on GE&T, would a winner become me?

Not necessarily. Mass currency devaluation due to bank holidays and panic runs is going to impact the entire globe.

[The Kievan People]

viewtopic.php?p=10722597&sid=2f16e8ad52ce0b0c1fc6cc782da66981#p10722597

Kyiv does a thing.

[The Lower Realm]

Wolf and Sparrow is down.

[Schultaria Prime]

Designwerks has begun price hikes to offset possible threats to shipping, plus offering non-monetary options to keep the industries of Gholgoth and pro-Gothic nations afloat.

[Dungeyland]

This is very exciting!

Statement from Sky Corporation.

[Crystal Spires]

It isn't a global recession if it is only affecting a regional area, overestimating global investments is really overblowing Gholgoth's inflated self-importance and is not going to work.

If you want to actually calculate the affected area people need to report how much they are losing and what region they are from. I could also make a count to show how much other nations in other regions are actually affected. If not, overblown overblown.

Meanwhile Crystal Spires buys up your investments for dirt cheap betting haaah you will break the blockade!

[Akimonad]

AMCI is also down. No more tactical rocks or pencils!

[Crystal Spires]

Code: Select all

[b]Country:[/b]
[b]Region[/b]:
[b]Buying From[/b]:
[b]Level of Severity (how much did your markets invest?):[/b]

Yes, fill it out if you acknowledge the recession.


Country: Crystal Spires
Region: Mystria
Buying From: Milograd
Level of Severity (how much did your markets invest?): 50 Tactical rocks.

[Dungeyland]

Crystal Spires: Yohannes' banks and stock markets contain a plurality of wealth on GEaT. It's like saying that a recession in the US shouldn't affect the rest of the world. Obviously it does (and did, five years ago.)

[Automagfreek]

It isn't a global recession if it is only affecting a regional area, overestimating global investments is really overblowing Gholgoth's inflated self-importance and is not going to work.

If you want to actually calculate the affected area people need to report how much they are losing and what region they are from. I could also make a count to show how much other nations in other regions are actually affected. If not, overblown overblown.

Meanwhile Crystal Spires buys up your investments for dirt cheap betting haaah you will break the blockade!

Except it's not just affecting Gholgoth, it affects Haven (our largest trade partners) and anyone whose economy is linked to Yohannes. Do you have any idea of how important the Yohannesische Bundesbank is?

[New Beauvais]

viewtopic.php?p=10722535#p10722535

[No endorse]

It isn't a global recession if it is only affecting a regional area, overestimating global investments is really overblowing Gholgoth's inflated self-importance and is not going to work.

If you want to actually calculate the affected area people need to report how much they are losing and what region they are from. I could also make a count to show how much other nations in other regions are actually affected. If not, overblown overblown.

Meanwhile Crystal Spires buys up your investments for dirt cheap betting haaah you will break the blockade!

You realize that when you take Haven, Gholgoth, all of their trading partners and customers, and everyone who would be effected through them, you basically get 75% of active IIMT? You don't smack down major financial institutions in a modern economic systems without hurting people 2 or 3 steps removed, by which point you hit the whole darn thing.



Really, most of the 'lol im immune i buy u up' folks don't really get it.

[Dungeyland]

It's like herd immunity in vaccines. That's a good metaphor. If enough is vaccinated (or in this case, financially compromised), then the whole thing is ruined.

[Crystal Spires]

Crystal Spires: Yohannes' banks and stock markets contain a plurality of wealth on GEaT. It's like saying that a recession in the US shouldn't affect the rest of the world. Obviously it does (and did, five years ago.)

Yea fill out the form, or there's no dice, and it is as I said, you don't lose anything if you're not losing value in your stock, whereas I bought 50 tactical rocks (as a hilarious joke), nothing else has affected the entire region, so once again, overblown. You have entire regions not buying from you it begs the question of how global this is and who it is affecting.

[Crystal Spires]

Except it's not just affecting Gholgoth, it affects Haven (our largest trade partners) and anyone whose economy is linked to Yohannes. Do you have any idea of how important the Yohannesische Bundesbank is?

I considered buying but didn't HAha major conflict avoided!

Let's see then how much this is REALLY affecting II.

[Sailsia]

Except it's not just affecting Gholgoth, it affects Haven (our largest trade partners) and anyone whose economy is linked to Yohannes. Do you have any idea of how important the Yohannesische Bundesbank is?

I considered buying but didn't HAha major conflict avoided!

Let's see then how much this is REALLY affecting II.

Implying everyone in II is connected to the same IC universe Goth is.

[No endorse]

Crystal Spires is just taking the :cool guy: approach to this one, lacking a decent understanding in global economics. Fire ignore canons and carry on.

[Tecknoko]

AMF, you can note that Tecknoko's Minister of Foreign Affairs is temporarily shutting down its local VMK Defence and Steel production and ceasing all foreign trade with the anti-Gothic nations. Milograd (`-')/
Im not gona give and IC reply because, well, I have no time anymore.

[Socialist States Owen]

viewtopic.php?f=6&t=167860&p=10722184#p10722184 The only positive, ballsy, "we don't give a shit" reaction to the crisis so far.

FSSO HAS NO TIME FOR YOUR ECONOMIC FOLLIES.

[Automagfreek]

AMF, you can note that Tecknoko's Minister of Foreign Affairs is temporarily shutting down its local VMK Defence and Steel production and ceasing all foreign trade with the anti-Gothic nations. Milograd (`-')/
Im not gona give and IC reply because, well, I have no time anymore.

Is there a link to an official statement? I need to get the time stamp so I can add it to the event log.

[Empire of Symphonia]

Economic Bloackade of my 2nd largest trading partner, and caused by my trading partner?!?!?!

Protest! Protest! Protest! PROTEST!?!?!?!?

*Occupy Yohannes movement launched*