Economic collapse of the German Empire

I recently bought some premium weapons (you know what I mean) and now my country's economy totaly collapsed. My income went down from 8 billions each month to -3b up to 1.5 billions.

I've deactivated my strategic arms but that still is'nt enough. I only got some more time, to think about what's wrong with my economy...
Over 70 factorys and I still earn nothing.

My supply quality is set to 150.
Productivity is set to automatic, same with hiring.

My country is the German Empire on LU

First, You want to increase your supply quality. 150 is too low.

Somewhere between 180 - 210 is optimal. Choose whatever one you like. Try a few and stick with the one that works best for you.

Make sure your factories are upgrading. If not the end quality output will be low and hurt your profit potential.

You may need to examine all your country and corp settings. Unfortunately, I cannot go over ll of them at this time.

What you might want to do is find a federation on your planet where you are playing and gain advice about your economy through membership.

I think Aries federation just asked for new recruits on LU if I remember right. Titan is the name.

Thanks for your advice, I'm already in his federation, I will ask him for advice.

Build corps that use high level workers and produce products in high demand, (try to avoid ones that use very low level workers)

Like Psycho Honey said high quality supplies is good if your corps are fully upgrade (make sure to upgrade them to the max).

I usually keep salaries around 330, and I also try to make sure to have my corps sell products at high prices especially if there is a high demand, you can change this via trade strategies.

Finally make sure your health is around 120, education at least 120 and the same for your transportation index and also your social security index.

And one last thing you want to do is to make sure your government salaries are at a good level, I usually keep mine around 100.

My Government salaries are at 315, is that too high? My education is at 218 and transpotation at 188. Health is at 112, social security at 102. I now have the problem thaty cash keeps getting lower and lower. I now have 1.92T cash... And thanks for the tipp, I only have corps with a lot of low level workers.

But now I have the problem that all my workers are being moved from my profitable corporations to the non-profitable ones and that's really bad

Hmm... Get prrivate enterprises to bid on your corps that's the fastest way I Guess... Salaries are Fine and that will help your welfare high you can try allowing automation to adjust the salaries but you keep the production at 100% of the companies and price and join a common market "Active Trading Market" or others get contracts from our corps and countries that will help your corps get a stable monthly income. My common market is actively recruiting so join us with all your countries if u want to clinge contacts that might help you.

What is the name of your common market? I would love to join it! Currently everything is going fine, my profit is at 9B but my cash drains fast, I only have 1.69T left. What can I do about that?

Active Trading Market Common Market. Destroy your military completely and keep those premium weapons only. Common market should help you to have a more stable income. Sell common weapons away if necessary to get more cash and sell excess products not consumed by population and transfer some cash from corps back to the country coffers.

I don't think I should destroy my millitary, building it up later will be a huge cost. I can't find your common market, can you invite the "German Empire" to it please? I've selled a lot of gold I buyed when I had money, I now got 200b from it but I don't think that will be enough. Maybe it'll get better soon with my cash...

Also, my profit transfer is 60% and tax is at 53%, is that ok? Or should I change something?

I set my profit transfer at 90% and my tax rate at 30% (if state run economy) or tax rate at 12% or below (if you want to have CEO's).

I'll try to set my tax lower and profit transfer higher.

Here are some stats, I really hope I can get help from you guys. My cash is down at 1.5T, I'm losing over 200B every month.

Low-water: 8
Order Quantity: 16
Supply Quality: 175 (It was 180)
Profit transfer: 66%
Tax: 48%
Salaries: 310 (Some are at 313, because of a lack of workers)
Selling: Best
Buying: Best
Productin: Auto
Hiring: 100
Upgrades: Max. ordered for every corporation

Your supply quality is too low. 220Q for State companies, 215 for ceo companies, and right around 210 for ceo controlled publics. I use 213 in ceo controlled because it seems to put me right at 330Q produced goods. CEO tax is quite high, but it is a discretionary measure that benefits only you. Some CEO's may not want to move into your country with that high of a tax, seeing that you receive both that tax AND get a resources used fee from ceo's. I pushed my profit transfer to 100 in state corps, and with the exception of draining a bit of cash in the beginning of a new corp (upgraded not at all or up to 140 or so)...so you'd have a small issue there. Other than that, the 100% doesn't seem to effect corps at all once they upgrade past 140. I keep salaries at 400 in my corps, it pretty much maxes productivity and output. Anything over 400 you'd really have to watch, it has some adverse effects on some corps. I sell at follow produ

Thank you! I will try to set my corps as you did

No worries, boss

Just letting you all know, my country is making profits! I now have cash reserves of trillions and monthly profit at almost 50b.

Thank you all for your help!

Long time in, but thats what it takes!!!

Good Job!