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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Topics: Suggestions: LOAN BIDDING


Monday, July 9, 2018 - 03:11 am Click here to edit this post
Cant we have where the person that want a loans puts it out in a lending market and than people that want to supply that loan choose who. THye also get to choose the interest rate. If the enterprise or country doesnt do it than the world bank does its 15%. Can we have this since this game is world market based?


Thursday, July 26, 2018 - 02:01 am Click here to edit this post
I guess no one wants this cause I think this would be a great idea for countries to grow? Also adding to it is that we can go up to 85% of the enterprises and countries total assets?


Saturday, July 28, 2018 - 08:06 pm Click here to edit this post
I think thats a good idea. You should suggest that on the Forum and have everyone vote on it


Saturday, July 28, 2018 - 09:01 pm Click here to edit this post
This has be proposed before... I have to vote no and here's why.

The problem is loans already provide little to no real income. Based your your math I would be very easily be able to out muscle any competition I wanted. As my CEO's and empires have low net values right now due to the markets, but I know that I'm normally around 3-4 quadtrillion dollars. The amount of cash and wealth I have it would be easy for me to offer huge amounts of loans at almost no interest just for the sake of offering money. Most other vets would be able to do this with ease. Also the income on loans is very LOW

10 Trillion loans = $600 million a month in income.
100 Trillion loans = $6 Billion

Making a competitive market would only lower prices which would be good for borrowers such as new players, but terrible for new-medium level players looking to offer money. Also in the later stages you make so much monthly by running a well managed CEO/Country the loans are not necessary.
Many players have stated that once Common markets become more vital, self sufficiently is more possible and desirable, and war sees a strong uptick. It would be worthwhile to change the loan system, but at its current stages any changes would long only effect the strongest players.

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