Simcountry is a multiplayer Internet game in which you are the president, commander in chief, and industrial leader. You have to make the tough decisions about cutting or raising taxes, how to allocate the federal budget, what kind of infrastructure you want, etc..
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Inherited loans. (Golden Rainbow)

Topics: Golden Rainbow: Inherited loans. (Golden Rainbow)

germinator (Golden Rainbow)

Saturday, November 15, 2008 - 08:40 pm Click here to edit this post
Germinator.{Golden rainbow}.
I am a new player,about 1 weeks worth,and i find this a very interesting game,one which i intend to continue with,and am keen to learn.
Now to my questions.
On checking my corporations page,i have two corporation which have outstanding loans.
Since i registered in [game time},may 2597,and these two corps.were created in june & march.2587,i can only assume these loans have been left by a previous president of this country.{is this normal).
I have a 20.00b$ debt, but 20.92b$.cash in corp no.1.In corp .no.2.i have two 20.00b$.debts.but only 18.49b$.cash in this corp.
Both loans are due in [2606,game time}.interest at 30%.
I can pay off corp. no.1 loan which will leave me with 0.92.b$.(or should i wait until loan is due.?}.
Concerning i have a cash shortfall if i attempt to repay the loan.{will it be taken from my country,s assets.i have 7.71t$ in cash at time of writing?.
Also in my corporation page i am informed that my corporation salaries have been reduced,because corp. debt is so high,and it is not making a profit,or salaries are less than half average corp salaries.
Should i close this corp.?
should i nationlize.?
I would be very grateful for any help anyone can give me.
Sorry this post is so long-winded.
I would also be very interested in any suggestions on joining a federation,i am more interested in the economic aspect of the game,than the military.

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