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Tarish Alican
All worlds
25 Aug 2012 04:58Link
I dont understand the economy. My corporations are constantly losing value, although the vast majority (if not all) are making a profit monthly. The P/E ratios of my biggest companies (which is at 200 Quality + Efficiency) is increasing again (it hit 150, went down to 83, now its going back up).
Also, I've not spent any money myself, turned off automation all except buy supplies for the country (Military supplies is turned OFF), and I'm making a profit of about $20bn a month. yet I login today, and I've lost at least $1tn. And since there isnt a monthly Cash Change sheet, I cant see where too.
So how the hell do I fix my economy? (I also have many many workers available for companies to be created, yet cuz I'm broke, I cant make any). I'm assuming a large part would be social-welfare, if it wasnt for my profit/loss showing a monthly profit of +20Bn.
I've read
Also, I've not spent any money myself, turned off automation all except buy supplies for the country (Military supplies is turned OFF), and I'm making a profit of about $20bn a month. yet I login today, and I've lost at least $1tn. And since there isnt a monthly Cash Change sheet, I cant see where too.
So how the hell do I fix my economy? (I also have many many workers available for companies to be created, yet cuz I'm broke, I cant make any). I'm assuming a large part would be social-welfare, if it wasnt for my profit/loss showing a monthly profit of +20Bn.
I've read
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Drew
All worlds
25 Aug 2012 06:11Link
In the future if you can be more specific as there are multiple topic here.
But There is a cash change page. If you check your finance page you will see your year to date changes. These changes are most likely what is responsible. These items aren't expenses but purchases or investments and are most likely responsible for your cash changes. It would be easy to assist and explain if we can see this sheet.
Social security can be devastating if you have large unemployment. It can even be acceptable to open up barely profitible corps to get this number down. But I will always recommend for long term gain first. high profit/high average salary corps, unless your on GR then back off the good corps.
Umm... as for not being able to make purchases because of no cash, I suggest you take out some loans. The interest rate is very miniscule, and you can spend money as long as your cash is in the green even if your debt is in the r
But There is a cash change page. If you check your finance page you will see your year to date changes. These changes are most likely what is responsible. These items aren't expenses but purchases or investments and are most likely responsible for your cash changes. It would be easy to assist and explain if we can see this sheet.
Social security can be devastating if you have large unemployment. It can even be acceptable to open up barely profitible corps to get this number down. But I will always recommend for long term gain first. high profit/high average salary corps, unless your on GR then back off the good corps.
Umm... as for not being able to make purchases because of no cash, I suggest you take out some loans. The interest rate is very miniscule, and you can spend money as long as your cash is in the green even if your debt is in the r
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Crafty
All worlds
25 Aug 2012 12:32Link
If you post your country name and which world you are on that would let us take a look for you to help see what is going on.
And if you want us too look, make sure you dont have the secrecy turned on (in your country settings menu) for finance.
Please be exact when posting your country name.
And if you want us too look, make sure you dont have the secrecy turned on (in your country settings menu) for finance.
Please be exact when posting your country name.
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Tarish Alican
All worlds
26 Aug 2012 01:44Link
The Republic of Crescellia
thats my country, and I'd have liked a Monthly cash change but there isnt one.
All my corps are running in the green, but their P/E ratios are all really high. And in general I wanted to know how to make more money, but since I can't figure out this economy system for the life of me, I cant give any specific details.
thats my country, and I'd have liked a Monthly cash change but there isnt one.
All my corps are running in the green, but their P/E ratios are all really high. And in general I wanted to know how to make more money, but since I can't figure out this economy system for the life of me, I cant give any specific details.
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Drew
All worlds
26 Aug 2012 02:09Link
He's on GR.
Ok so as its january there, I can't see what your cash flows are, but there are a couple things.
Not all your corps are upgrading, it is very difficult too make money with the base Q being 100. So keep them all upgrading.
It looks as if you are using Supply Qualities, but you have them set low. the 155-160 is a good number but when your quality is so low, you could in fact benefit from higher amounts.
Salaries are decent for a new president. But if you increase them a bit higher to say 250 at least the cost will pay for itself for sure with higher production.
Your employment isn't excellent. I mean its not horrendous but... It could lead to high social security costs. Unemployment ruins more indexes then just that also.
So now while you have this unemployment you can use that to petitions some CEO's to move in. They pay a % of their revenue for you lending them employee
Ok so as its january there, I can't see what your cash flows are, but there are a couple things.
Not all your corps are upgrading, it is very difficult too make money with the base Q being 100. So keep them all upgrading.
It looks as if you are using Supply Qualities, but you have them set low. the 155-160 is a good number but when your quality is so low, you could in fact benefit from higher amounts.
Salaries are decent for a new president. But if you increase them a bit higher to say 250 at least the cost will pay for itself for sure with higher production.
Your employment isn't excellent. I mean its not horrendous but... It could lead to high social security costs. Unemployment ruins more indexes then just that also.
So now while you have this unemployment you can use that to petitions some CEO's to move in. They pay a % of their revenue for you lending them employee
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Crafty
All worlds
26 Aug 2012 17:15Link
Yup.
Get the welfare index up. Everything contibutes to the welfare index. The most important index. Get it to 120 at least, hardish to do but you need it to do well.
Get the welfare index up. Everything contibutes to the welfare index. The most important index. Get it to 120 at least, hardish to do but you need it to do well.
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Anthony King
All worlds
26 Aug 2012 23:30Link
It's normal if we close one of the poor performance corporations due to hiring numbers declining. Then put it back in when enough workers are applied to. If that's the case, the numbers of population per corporation should catch up in the end?
Say for instance, i'm trying to aim 1.4 per million population for the corporation.
Do you get my point?
The number is like this. 1.4 x 22.607977 = 31.65
Number of corporation needed. I'm already behind 0.65 which i have 31 corporations. Once it reach number 32, i should be able to put another corporation in if there is enough workers. This is only because i made mistake and i was behind in hiring, but i know what to do from here on.
I wouldn't be surprise if i could catch up the number.
Thank you, Anthony.
Edit: I have learned alot so far how the economy works. I will be working on the defense force once i make huge improvements. But, tha
Say for instance, i'm trying to aim 1.4 per million population for the corporation.
Do you get my point?
The number is like this. 1.4 x 22.607977 = 31.65
Number of corporation needed. I'm already behind 0.65 which i have 31 corporations. Once it reach number 32, i should be able to put another corporation in if there is enough workers. This is only because i made mistake and i was behind in hiring, but i know what to do from here on.
I wouldn't be surprise if i could catch up the number.
Thank you, Anthony.
Edit: I have learned alot so far how the economy works. I will be working on the defense force once i make huge improvements. But, tha
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Drew
All worlds
26 Aug 2012 23:35Link
Anthony that was interesting and can be a good guideline, but itsn't neccessarily true. You can run at 100% hiring with far more than 1.4 corps per million population.
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Anthony King
All worlds
26 Aug 2012 23:57Link
Awesome, thanks.
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Tarish Alican
All worlds
27 Aug 2012 20:08Link
How do I petition CEOs to setup in my country?
Also how do I upgrade my corps without spending RL money to get GC to get the upgrades? :/
Also how do I upgrade my corps without spending RL money to get GC to get the upgrades? :/
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Crafty
All worlds
27 Aug 2012 20:44Link
You ask on the forum, giving reasons like low tax, good welfare etc.
Upgrades are ordered through the corp itself if you want. You can do it one at a time but prob best to set the automatic buying of upgrades. Corp pays for them out of its SC$$$
Upgrades are ordered through the corp itself if you want. You can do it one at a time but prob best to set the automatic buying of upgrades. Corp pays for them out of its SC$$$
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Tarish Alican
All worlds
30 Aug 2012 04:22Link
For the record, I did most of what was suggested. Took out a maximum Loan of 600bn.
I now have -660+Bn and falling, I setup several corporations too, and have taken steps to increase Welfare of the companies/country.
Its saying that I'm losing most of my cash to Defense purchases. I'm not buying anything and I deactivated Automation for that.
I now have -660+Bn and falling, I setup several corporations too, and have taken steps to increase Welfare of the companies/country.
Its saying that I'm losing most of my cash to Defense purchases. I'm not buying anything and I deactivated Automation for that.
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omer.sami
All worlds
30 Aug 2012 08:53Link
It took me a long time to figure it out. Most of your defense spending is caused by garrisons and land/air units. You need to go into War Situation Index page and get rid of some or make them smaller. And when those weapons get put into storage(defense force index page), then you sell them. Only then will your defense cost fall.
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Crafty
All worlds
30 Aug 2012 21:28Link
Yes omer. Tarish, if you have units/wings/garrisons set up the country will automatically buy ammunition for them to replace the ammo they use monthly for training. This also applies to weapons in stock that aren't in units but are listed as active. This can get expensive, and a lot of ammo is increasing in price.
Anyways, the ONLY weapons you need in a main country are just enough offensive ones to take a C3 when you are ready to run another country (or just strip it for profit). Your main country cannot be attacked by anyone in any manner if you leave the secured setting on so no need for forts or any defenses. Save your money.
Anyways, the ONLY weapons you need in a main country are just enough offensive ones to take a C3 when you are ready to run another country (or just strip it for profit). Your main country cannot be attacked by anyone in any manner if you leave the secured setting on so no need for forts or any defenses. Save your money.
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DeathGod
All worlds
31 Oct 2012 21:42Link
How much money do people in your country pay per tax percent you have every month?
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ROYAMZ
All worlds
17 Apr 2013 15:59Link
I NEED SOME TIPS ON ECONOMY
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ROYAMZ
All worlds
17 Apr 2013 16:00Link
HOW I GET MORE TAXES FROM CITIZENS
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Brandon Gil
All worlds
17 Apr 2013 16:15Link
Raise pay level for your workers in Gov and Corp, also post your country name and world so other players can help you.
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T Mac
All worlds
19 Apr 2013 02:51Link
Royamz- go to "Departments" - "Labor" "government salaries" and "corp salaries" Change there. Some people set these at 300 with govt being close to the same as corps. While it increases your costs across the board, you do get higher "welfare" score and more taxes.
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izzy_skyliner
All worlds
28 Oct 2014 04:09Link
can someone look at my economy and tell me whats is wrong with it and then send me a message please my country is "the united Republic of rome" on wg
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craigwilliamson79
All worlds
28 Oct 2014 16:13Link
Your financial settings are set to secret...impossible to tell unless you turn secrecy off.