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Debt.

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Zager

Roleplaying as Poland
GA Member
Jul 1, 2018
142
What is my current economy? Also, why aren't my taxes helping, at all? How is LOT in debt? How do I get out of this?
 

Jamie

Admin
GA Member
World Power
Jan 6, 2018
12,495
Hello Zager,

Your Countries current balance is -19,428,018,052.76.

Please note that any productions on the old forum were invoiced yesterday, as well as taxes added. Interest has not been added and will not for a while.
Taxes will be helping, but this is a base income and should NOT lead to you waiting until they get you out of Debt. It is your responsibility to get out of debt. To help you, please find some ideas below:

- Selling of goods to other players for an income.
- Investing in Infrastructure.
- Scrapping existing military equipment.
- Requesting a loan or grant from an organisation or country.

These are a few of many ideas which you could do to help your country escape debt. Please do not wait and expect taxes to get you out, as taxes are purely to give you a base income.

LOT is in debt because it is state-owned, this means, if your country is in debt, it will effect the value/worth of LOT Airlines.
If it was private, it wouldn't be effected by your country but would rely on you getting income from other players.

The current balance for LOT is -3,325,000,000.00.
Whilst the share value for LOT is currently at -14,506,113,539.57.

I hope this helps.

Kind regards,
Jamie
 
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