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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Sovereign Wealth Funds

Topics: Suggestions: Sovereign Wealth Funds

Mckoy Jackson

Tuesday, September 10, 2013 - 04:16 am Click here to edit this post
I think it would be very good if the game had a sovereign wealth fund similar to that of Norway and Singapore where countries like mine with huge budget surplus have some where to pile those funds and even use them to invest into other countries and enterprises.
Currently all that happen is that you fund just accumulate on you and you either spend it on buy some random stock with it

XON Xyooj

Tuesday, September 10, 2013 - 06:25 am Click here to edit this post
i would like to know how to get surplus cash in this game and this just keep on increasing :)

please shine some light my way :)

Mckoy Jackson

Tuesday, September 10, 2013 - 06:41 am Click here to edit this post
United Kingdom of Jenovia, Fearless Blue
I don't know been a good ruler I guess and I am a pretty small country and a new player

38m people
Financial Reserves $2.3T
Assets $70T
Corporation Value $41T
Tax 10%
Profit Transfer 65
Monthly Revenue $38B-$41B
Monthly Expenses $19B-$20B

My financial reserve was over $6T until I hemorrhaged $2.5T in my slave country

Mckoy Jackson

Tuesday, September 10, 2013 - 06:46 am Click here to edit this post
I see that the game has a investment fund it would be nice it the game would give use the option to rename it.....like many other things in game to add more dynamics to the game Jenovian Sovereign Wealth Fund.
I would like to be given the option to put my surplus in this fund and use it to make investments in other counties.

XON Xyooj

Tuesday, September 10, 2013 - 06:58 am Click here to edit this post
turning $18B profit is impressive to me :)

i just ain't that good yet

Aries

Tuesday, September 10, 2013 - 07:21 am Click here to edit this post
Welcome to the game new player. That said, the suggestion you have made to the investment fund is mentioned several threads down on this forum. My response is the same.

The IF should not be a piggy bank for the government. It is interesting in its role as a private investment entity for workers and some players, including I, enjoy the aspects of managing the fund without trivializing it by allowing unlimited transfers with government funds.

I have suggested a limited transfer ability to help funds get started though. Something like allowing a government transfer to increase the fund to a maximum value of $2T.

Mckoy Jackson

Tuesday, September 10, 2013 - 07:43 am Click here to edit this post
well if we arent going to be allowed to use the investment fund as our piggy bank then what do you suggest we use cause we do need a piggy bank or somewhere to invest our money.....this is suppose to me a country simulator and i knw it wont reflect the real world 100% but atleast have some of the core aspects of government and financial markets

Aries

Tuesday, September 10, 2013 - 07:58 am Click here to edit this post
As a country, when you have excess cash, you offer it in loans. If you wish to experience more of the financial game, you will require an enterprise which has the ability to purchase stocks worldwide with its available cash.

Mckoy Jackson

Tuesday, September 10, 2013 - 08:10 am Click here to edit this post
nope I want to play as my country and still have some financial game play is that too much to as for?

Aries

Tuesday, September 10, 2013 - 08:18 am Click here to edit this post
There is some financial game. You can manage your investment fund. You can manage state corps and take them public if you wish. You can set your tax rate and negotiate with CEOs to bring investment to your country. You can buy and sell commodities like uranium, gold, and silver (along with any other product). You can set contracts with your corps to other corps or to countries, either that you own or someone else. You can enter common markets with other Presidents and CEOs. There are business ventures even in space. Along with all that, you can offer loans. Probably missing some stuff but this list is not too shabby.

XON Xyooj

Tuesday, September 10, 2013 - 08:38 am Click here to edit this post
does the game allow a president to build corps in other countries, such as what an enterprise is allowed to do?

it should allowed a country to do that too, and those corps would be country owned.

the big issue for me is that my population grows too slow, and i'm always workers shortage so i cannot build corps. if my country is allowed to build corps in other countries, such as c3, then i could be busier in this game :)

Mckoy Jackson

Tuesday, September 10, 2013 - 05:09 pm Click here to edit this post
Well whats the point of having a Investment Fund and a pension fund in the game if they are going to add little or nothing to the game play......I say give us control of at least the Investment fund

Aries

Tuesday, September 10, 2013 - 05:18 pm Click here to edit this post
Xon, enterprises have things they can do exclusively the same as countries do. Building corps outside of your country is clearly in the realm of enterprises.

Mckoy, Investment funds are important. I find them key in my overall economic strategy for my countries and you already control it. Seek out one of the true economic players, and if you can't find one of them look for me, in chat and you may learn a thing or two.

thewhy

Friday, September 13, 2013 - 01:48 am Click here to edit this post
putting out loans has higher interest rates then money in the IF so i dont know why you would prefer to put money in the IF over loaning it anyways..... personally i think the dividends should be paid out instead of having a constant interest rate on the holdings which is unrealistic


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