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Forum Help What happens to loans when the country folds? (Golden Rainbow)

What happens to loans when the country folds? (Golden Rainbow)

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Jack Jones (Golden Rainbow)

All worlds
11 May 2009 03:05Link
I loan out a ton of cash. I noticed today that one of the countries that held $820 Billion worth of loans was abandoned by its president.

Does the game just make up for the loss? I have never noticed myself losing any money in the loan business, but just wanted to know for sure.
R
Ravenous Cannibal (Little Upsilon)

All worlds
11 May 2009 03:34Link
When you abandon a country your empire leader picks up debt. If the country was cash positive but had loans I assume they are paid off with the cash.
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Sesshu Zenji (Fearless Blue)

All worlds
15 May 2009 09:10Link
What or who is the empire leader? If I loan out, say, a trillion, and am very cash positive, then cancel my account or abandon it (but still am still cash positive) who do the countries that I loaned 1 trillion to have to pay back? Thanks :)
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BorderC (Little Upsilon)

All worlds
15 May 2009 19:30Link
If the ruler of an empire (> 1 country) has debt in a country he abandons, the debt will transfer to his main. If the player quits a planet completely then the debt is taken be the World Bank. There is zero risk and little reward unless you are going to lose it to financial fees anyways. I think financial fees start at 15 or 20T. Something I've never been threatened by... :)

BC
S
Sesshu Zenji (Fearless Blue)

All worlds
16 May 2009 02:17Link
Thanks again, BorderC.
J
Jack Jones (Golden Rainbow)

All worlds
18 May 2009 03:08Link
I have >20T$ loaned out by my main at the moment. One of my other countries has ~9T$ loaned out. You can make a decent return if you loan out enough cash.


Its good to know that I don't have to worry about losing anything in the process.
R
Ravenous Cannibal (Little Upsilon)

All worlds
18 May 2009 04:10Link
compare to the return you get from stocks
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Hiimad (Little Upsilon)

All worlds
14 Jun 2009 18:50Link
I have an add on question to this. I know the topic is old.

I have 320B lended out to a country that is in massive debt (like -30T) Should i ever expect repayment?