[Abandoned] D-Day de Default

[Kemono Friends]

Description

Recent incredibility and uncertainty of @@Name@@‘s economy caused foreign investments to escape like Chicken Run. Sovereign default and Melancholia is approaching, as foreign-exchange reserve is now near the minimum threshold.

Validity

A nation that experienced a recent economy drop, higher probability if low economy & integrity. Not available for class nations.

Choices

1.The governor of the Central Bank @@RANDOMNAME@@ makes a first statement. “The only way to break through is to make a SOS signal to the International Monetary Fund. In fact, we already did. What you need to do is just sign on this document, and everything will be fine. Don't worry about the cautions.” You look at the glimpse of it, which says “... by lending @@NAME@@ foreign currency we have an official right to demand any adjustments to @@NAME@@'s economy, in order to advance and rationalize it's structures.”

Fallout: capitalism and the free market is now the new national religion.

2.The minister of economy @@RANDOMNAME@@ cuts in. "No! Not the IMF! They will require mass layoffs, widespread bankruptcies of companies, and other measures which will make it easier for evil foreign capital to encroach our economy! We still have about a week before we go default, so if we succeed dealing with urgent matters with ways like Currency Swap and issuing Asset-Backed Securities, then we might be able to solve the problem own our own! Ah, also we should tell citizens that things are not that abject, so that they will not end up killing themselves in panic."

Fallout: foreign investors and @@NAME@@'s citizens are confused whether they should dive in the ocean or not.

3.The vice minister of economy says in a frustrated voice. "You know, one of the largest factors that caused this situation was unreasonable business expansion of corporations, which led to excessive loans from various sources. They talked boastfully when they asked us to let them borrow, but now they are saying that they don't have an ability to pay it back..." Suddenly he seems refreshed. "Yes! How about declaring a moratorium? Not being able to get their money back is what creditors are actually most afraid of. They might even write off some debts for us!"

Fallout: national credibility and quality of life in @@NAME@@ has crossed the Rubicon.

This is my second issue-wannabe. I figured out that I have no sense of humor at all.
This was inspired by 1997 South Korea Financial Crisis.
Chicken Run and Melancholia was intended to be a joke involving movies.

[Techgrade]

No offense but I think that there is no "good" option to choose, just from my opinion if I received this issue I would either spend a long time thinking about it or I would dismiss the issue. maybe you should try to add in a few more options :)

[Sacara]

This issue seems a little too "technical" for the average NationStates player to understand. There are a lot of terms that deal explicitly with knowing how an economy works and the such, and I would suggest finding either a) a new premise, or b) "dumbing" it down.

[Australian rePublic]

Can you use the name of the International Monetary Fund? Also, I agree, dumb it down

[Candlewhisper Archive]

I agree that it's a very technical issue, though that isn't an absolute dealbreaker.

More of a problem is that it refers to a lot of mechanisms that the simulation can't handle.

NS doesn't even deal with any sort of concept of budget deficit or treasury income outside of income tax, let alone sovereign default or foreign exchange reserve. Likewise, in the absence of any concept of national debt, there's little way to simulate or conceptualise IMF relations either.

While it's the creator's design-as-intended to be low granularity with the economic models of government expenditure and income, it also does mean that it's generally advisable for issues to avoid creating narratives that erect neon lights around simulation deficits.

On a lesser note, our validity check criteria don't let us assess for things like trends in stats, or recent movements. They can only assess the current snapshot picture, and a list of specific policy flags. Also, validity checks are binary yes/no assessments, not modifiers that assign a probability of issue occurrence.

For those reasons, I don't think we'd be able to use this issue.