Economy is going down (Little Upsilon)

i increased profit share to 80%. i cut corp taxes to 0% and i raised target salaries to 600... now someone is bidding on 3 of my state corps, what did i do wrong?

Not sure how much you know about the game but,

Profit share only applies to State corps.
Tax only applies to CEO enterprises (I believe).


CEOs bidding on state corps is not necessarily a bad thing. Really, there is no reason to have 0% tax if you don't want CEOs moving in, it only encourages them.
They pay a pretty substantial fee (as well as taxes if the rate is >0)to operate in your country so it makes it worth it. Besides, a lot of the CEOs are pretty good players and run a corps better (thus making you more money). Makes it easier for you.

Hope this helps.
BC

Joseph,

You need to fix your employment and there are a bunch of tweaks that you still need to do to get your corps and country profitable.

Right now your corps are probably buying any quality supply and selling below market. The standard settings seem to be design to run a country into bankruptcy.

You should also put in an Aid request, if you are a member.

What quality should your corporations be set at for buying supplies?

Countries should buy their supplies at 100.
Corporations should buy their supplies at 190.

You can search previous threads in the forum for this to find the reasoning behind each.

Really,if you want full quality supplies such as 296,I suggest the quality supplies should be at 196.Think of it,100 is standard quality right then you add 196 and that makes 296 in the end for the quality.So set the quality supplies at 196 and as well as the country supply at 100.But the quality at 196 may sometimes have to pay a little more but will go down a bit eventually in the long run.Keep you're profit share to 0 if you plan do to upgrades,because it takes time and money so you will need all of the cash available for the upgrades.Set you're taxes to 0 as well if you plan to have ceo in you're country,this way,they will make money for ya.If you need money quickly,I suggest you spend 20 gold coins in the cash market if you have any and you will get back at 9.8 Trillion dollars if I remember,that way,you can concentrate on the economy.Set you're salaries to 600 then you need to set you're government salaries to 300.Trust me,you won't go wrong with this little strategy.If you don't want war at the moment,dismantle whole lot and that will save you lots of money and sell all you're army stuff.And set you're budget to 0 too.You must watch you're sales too.Start with raise 20% and lower 20% on sales if you want too.Make sure you got 100% hireing for full production.And do the things on the important things to do page and watch you're education too.This has a profound on the economy to success.I don't know much about bidding on the state corps,but I do know after 5 game years,you can bid on the ceo's if you're not happy with ceo corps and get rid of them too.Other wise keep it or send a message to that player to remove it.I hope this helps.