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

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

Jack Jones (Golden Rainbow)

Monday, May 11, 2009 - 03:05 am Click here to edit this post
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.

Ravenous Cannibal (Little Upsilon)

Monday, May 11, 2009 - 03:34 am Click here to edit this post
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.

Sesshu Zenji (Fearless Blue)

Friday, May 15, 2009 - 09:10 am Click here to edit this post
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 :)

BorderC (Little Upsilon)

Friday, May 15, 2009 - 07:30 pm Click here to edit this post
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

Sesshu Zenji (Fearless Blue)

Saturday, May 16, 2009 - 02:17 am Click here to edit this post
Thanks again, BorderC.

Jack Jones (Golden Rainbow)

Monday, May 18, 2009 - 03:08 am Click here to edit this post
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.

Ravenous Cannibal (Little Upsilon)

Monday, May 18, 2009 - 04:10 am Click here to edit this post
compare to the return you get from stocks

Hiimad (Little Upsilon)

Sunday, June 14, 2009 - 06:50 pm Click here to edit this post
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?


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