Sweden's economy catastrophic - time to make money and help Sweden out!
Day 1,495, 07:41
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Published in Sweden 
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by
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by Toothpaste
Sweden's economy has gone down the drain and it will get worse if we the people do nothing. The Swedish left wing regime that hold control over Sweden after the coup d'état has no official state involved plans on how to control it. Except some unrealistic shouts here and there. It is all up to us businessmen.
Article by Toothpaste
THE SWEDISH ECONOMY RIGHT NOW
- Right now 1 gold costs 1300 to 1400 SEK. Normally the gold price is around 1100. This due to the admin released a bonus building the other day and people started to buy up every gold they could from the market while others stopped selling it.
- Sweden is being gang banged by 4 external enemies (soon maybe 5 or even 6) and will and is losing vital regions that has been before boosting our production a lot. Before this Great War, when we had control over Norway, our production bonus were as high as 60%, today they are down to 20-40%. People with lots of farms are therefore no longer producing enough raw material to satisfy our national needs.
- Raw materials for weapon production are basically gone from the market. The price sky rocked course of this. It is actually more economical to produce raw materials than finished products right now (cuz of the price on materials and the salaries).
- Sweden is at war and the government pays every day several hundred of thousands of SEK to the soldiers so they can buy weapons and food. This governmental policy creates a huge unbalance on the market - we cant produce weapons fast enough - we lack workers, raw materials and factories!
THIS IS HOW TO MAKE MONEY AND HELP SWEDEN
Produce more raw material! It is not about the price but about the productivity. We need to produce more to continue to make money. If the price will continue to rise and the productivity will not, the economy will come to a halt.
It will most likely result in the businessmen that need a lot of raw materials to produce weapons for the soldiers will move to other countries for the raw materials and stop buying stuff from the Swedish market completely. It will be this that halts our market.
The high gold price is perfect opportunity to invest in saltpeter mines and cattle farms. If you have any gold – start selling it. If you have been thinking on buying gold for real money, this is good time since the exchange rate gold to sek is almost as high as it would have been with the “30% extra gold” advertising.
And start buying buildings that produce raw materials, especially raw materials for weapons! Good luck out there!
MORE READING[/u]
- Budilings - which ones to invest in!
- How a newbie can get thousands of SEK in a few clicks!
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Comments
Great article as usual, vote!
This section of comments need a Pertamaxx!
Great Tandis as always.
Misho, 2nd again!
voted
Well its thanks to you and parsons
The Swedish left wing regime doesn't have a plan because its occupied solving the previous right wing regimes mess.
Productivity measures produces quantity per worker (or even per hour). In eRep it could be translated into "quantity per click". For a given quality the only thing determining the productivity is the amount of resources a country controls. In our case, we are losing these at a rapid pace, thus productivity is decreasing resulting in a lower supply of rawmaterials. However, the productivity in the weapon industry is also lowered with an equal proportion. The main reason for the increase in the price of WRM is that the number of upgrades to Q6 is far larger in the weapon industry than in the food industry leading to a massive increase in demand of WRM.
BS as usual. I, member of the left wing, have had a high place in MoF during the last six month or so and I don't se anything different in how the MoF work now compared to under Lonestar. There is nothing MoF or rest of the government can do to help the economy. And if you got a plan i want to hear it.
Bad trolling is bad.
@intyala
High place? You mean high horse.
@Volcker
In my opinion you are wrong. The consumption from Q6's is minimal and have very little impact on the problem.
We only have around 20 Q6 and many of those are old Q5's turned into the new factory level. At the same time, most of the players sold their other Q5-building to be able to afford the upgrade. Thats also one of the reasons why so many got suddenly unemployed which turned the salaries back to a normal level.
While people in general have tons of farms and mines and thats also the biggest growing business'.
2 days into the Q6-advertising sweden actually had time low price on raw material. It went as cheap as 28 öre. Then the war came, TSM started out to give away money to the soldiers and our weapon consumption went up.
The lack of raw material has everything to do with the war and very little with the Q6-production.
I'm afraid you're getting facts and fantasy mixed up. The "top ten" sellers of Q6 at the market (that is, the ones who offer the lowest prices) own together 15 Q6 factories so one can easily see that the total number of Q6-weapon factories in Sweden is way larger than only 20.. Sure, most of these are upgraded from Q5 but many have been made avaliable not by downgrading existing Q5-weapon factories, but rather by downgrading Q5-food factories.
However, you are correct that the war has its fair share of the blame, a war that the Minister of Finance can hardly do anything about. I also agree with you that we should all invest in WRM-factories and increase the supply of WRM in order to lower prices.
The state have appointed Volcker as minister of a new, open and politically independent Ministry of Finance, so to say that we have done nothing except shout is an understatement.
Remember that i have just been in office for about 36 hours when i'm writing this and no-one can make sand into gold in that time. Let us continue for at least a few days and report on the progress before you make articles claiming that we don't do anything.
@Volcker
You speak of facts, that means you are numbers. Please show them.
@Raticon
The economy is influenced like in real life by information. And your department had its fair share of time to the respond the the economical changes.
PS: calling it politically independent is a bit of stretch when the head of finance is appointed by you and the rest of the cabinet is appointed by the head? If it would have been independent, every party in Sweden would have been allowed to chose its own representatives to the department and the department should chose its own chairman. Unless of course you mean "politically independent" as in CCCP style? 😃
Ok Toothpaste, let's spend some time on looking at your arguments:
1. You say that the gold price has sky rocketed and you attribute this to the Q6-reforms introduced by admins. So, it's not the Ministry of Finance or the President's fault. What do you suggest that Ministry of Finance do at this point? Sell gold for 1100 per SEK to avoid increases in the price?
2. Sweden is indeed being "gang banged" by at least 4 enemies, something that you can blame the old President for. You say that this causes producitivity to fall, which I also mention. But, then you claim that the high prices in raw materials is due to:
a) the loss of important regions resulting in fall in productivity
b) government handing out money to soldiers which, according to you, creates an unbalanced market.
Let's think about this for a little moment. First a). If indeed the lower producitivity would increase prices, why aren't prices on FRW affected? They are still at 0.3-0.32 SEK? Surely, the loss in productivity has hit the food industry by just as much as it has hit the weapon industry. Still, these prices are not affected.
And b): So, you are claiming that the government pay soldier wages and these soldiers are then using the money to buy weapons and food and that the excess demand affects prices on raw materials. You are saying that producers of weapons and food increases their production to meet the new demand and that this increase in production requires a larger amount of raw materials. The only problem is, production can only be increased by either investments in capital (building new factories) or hiring more workers. There is no "double shift-button" to increase production. In addition, haven't the demand for food increases as well? Soldiers need both weapons and food so why hasn't the increase in demand for food increased the price of FRW? (see next comment)
You see, the fall in productivity affects both the production of raw material as well as the production of food and weapons. If production of weapons fall by 20% due to a lost region, weapon producers demand 20% less WRM. And guess what, they will get exactly that since the lost region decreases the production of WRM by, you guess it, 20%. However, if workers where to migrate from one sector to another, this could have an impact on production and prices. This "Lewisian framework" (named after Arthur Lewis) suggest that workers move from a low-productive sector to one where productivity is higher. Given the amount of bonus resources, the quality of the factories is the only thing determining differences in quality. If the weapon industry posses a larger number of high quality factories compared to the food industry, the workers in the weapon industry is, on average, more productive. This is exactly what we have seen: a larger number of uppgrades to Q6 in the weapon industry compared to the food industry, even on the expense of existing Q5-food factories.
And now, let's attend to your last comment:
"@Volcker
You speak of facts, that means you are numbers. Please show them."
Hmm, it's pretty obvious that you claimed to know for a fact that we had around 20 Q6-factories. I told you how I got my number and I only suggested that the total number must be way higher than 20. Could you please show us how you came up with the number 20?
"The economy is influenced like in real life by information. And your department had its fair share of time to the respond the the economical changes."
The last 4-5 MoFs haven't even released a single article giving us any kind of information. Are you suggesting that they would have done anything differently all of a sudden? (see next comment)
"PS: calling it politically independent is a bit of stretch when the head of finance is appointed by you and the rest of the cabinet is appointed by the head?"
In your interview with Raticon, you wrote "Volcker will take charge of the Ministry of Finance but the ministry will continue to be free from political agenda.". So, you are claiming that the Ministry of Finance was indeed free from political agenda? The last MoF intyala didn't even get the rights to manage the users of the MoF-forum on erepublik.se, do you call that "free from political agenda"?
It's obvious that Toothpaste is well upset due to the fact that I fired him from the Ministry of Finance and is now trying to get back at me in every possible way. However, there is no need to be upset, you can apply for a job at the Ministry of Finance, just like everybody else. Maybe this way you learn some basic economics.
Volcker, do you have serious loss of cognitive ability maybe?
You sound like a crazy person that cant keep track of what he is saying.
@Toothpaste:
Thank you. I was wondering if you had some mental issues and you just saved me the trouble of finding it out. From now on, I will not reply to any of your articles or comments.
I guess insulting your opponent is the only thing left when all arguments fail.
Have a nice day.
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