How was YN during the NS Economic Crisis

[Crabaiaia]

Read the world statistics for April 2020 to see what I am talking about.

[B o r o v a n]

Bad. Stock market index plummeted by nearly 20%. Unemployment skyrocket to 50% in urban areas once lockdowns are in place. Many are furloughed or had to work shorter hours. Retail and restaurants are particularly hard hit as upper and middle class consumers stopped or significantly decreased going out.

[Crabaiaia]

Bad. Stock market index plummeted by nearly 20%. Unemployment skyrocket to 50% in urban areas once lockdowns are in place. Many are furloughed or had to work shorter hours. Retail and restaurants are particularly hard hit as upper and middle class consumers stopped or significantly decreased going out.

Is this IRL, because I am talking about the April 2020 Roleplay Crisis

Here is what I am talking about:
https://www.nationstates.net/nation=cra ... 76?world=1

[Republic of Pine]

We are proud to report that the Republic of Pine was unscathed by the drastic world economic crisis of this past April.

[Tinhampton]

Tinhampton's GDP was not directly affected by the influx of independence declarations that started to be presented in global newspapers towards the end of April 2020.

[Lodhs beard]

The Loddhist economy continued to grow at incredible rates, with our income per capita actually increasing consistently throughout the crisis

[Drongonia]

Drongonia was completely unaffected by the crisis, with a temporary dip in the DGX Stock Exchange notable around March, as the nation braced for the impact of COVID-19, but by early April the recovery had largely completed.

[The Emirate of The Emirate]

economy was fine
It could not have affected everyone
Also my main got 100.00 economy rating

[Pentaga Giudici]

CoHRE and its member nations were unharmed, but the recent transition towards capitalism has massacred savings, wages, and employment.

[Dominioan]

A bunch of poor nations randomly popping into existence didn't affect us

[Middle Barael]

Our economy was still quite weak, but it continued to grow, and so wasn’t impacted much from the crisis.

Let me explain

From 2014-2017 Middle Barael had a Comservative PM named Ronald DuPont Drumpfery. He was a right-wing populist, and while hated mostly for his social policies, he also managed to ruin the Baraelan economy with useless trade wars against Dàguó and other massive countries. In addition, his tax code drastically lowered taxes on the rich, which increased the government deficit, but at the same time he wasted government money on handouts and bailouts to large corporations. Thus, he single-handedly ruined the economy.

Then from 2017-2020, a Liberal PM named Martin Oromo sought to fix the economy, but unfortunately all he managed to do was bring us out of the negatives. The economy was still small and weak, but at least it wasn’t ruined like it was in Drumpfery’s day.

Thus, our economy was so small during this Global Economic Crisis of April 2020 that it wasn’t really hurt at all by it. Since the new administration took charge in 2020, led by Liberal PM Marc Nuya and supported by the USD, The Greens, and Pax Unio, they have managed to get our economy booming again whilst also protecting the environment and the consumers from massive corporations. This economic recovery came in part as a result of Middle Barael becoming a hub of Renewable Energy and Eco-Friendly Vehicles technology, as well as government investment into the fields of Information Technology, Wine-growing, Cheese-making, Book publishing, Trains, and most of all Aquaculture and Sustainable Fishing and Agriculture.

[Sapitna]

Sapitna experienced steady growth, being uneffected by the market economics of other nations.

[Saralonia]

In the Soviet Socialist Republics of Saralonia, the government at the time wasn't affected due to all ties to foreign trade being cut off and the model of economic growth under socialism continued miraculously.

[Greater Cosmicium]

We are proud to announce that Cosmicium, Greater Cosmicium and all other subsidiaries have remained completely unaffected by this "economic crisis", as we threw as many NS stats as possible into a black hole. That turned out to be a mistake (get rid of THEM from your minds please), but anyway!

[Crabaiaia]

I am starting to think, that NS is going in another recession, after a few months of recovery.

[Greater Cosmicium]

P.S.: The April "recession" just so happens to coincide with a decline in the average population:

https://www.nationstates.net/nation=crabaiaia/detail=trend/world=1?censusid=3

Probably just thousands and thousands of new nations bringing the averages down.

[Crabaiaia]

P.S.: The April "recession" just so happens to coincide with a decline in the average population:

https://www.nationstates.net/nation=crabaiaia/detail=trend/world=1?censusid=3

Probably just thousands and thousands of new nations bringing the averages down.

So I kinda contributed to the recession since I joined a few weeks before

[Zarnicovia nova]

we had no issues what so ever. our economy actually went up!

[Hoyerlay]

Unaffected.