NationStates Jolt Archive

Here's a problem-many nations (Including my own) are suffering severe financial difficulties.

It has come to me to think this-are we headed for recession?

some Nations economies are skyrocketing, while some have completely fallen apart. and it all happened TODAY. Either we are headed for recession, or this is just a bad trading day.

Due to GDODAD warmoggering, IF's millitary stocks have boosted for the first time in years, and weak forein tarding could help our uranium exporting.

Which reminds me, thanks for that resource injection you gave me...

That's what you get for operating a silly capitalist economy.

That or the passing of the latest UN resolution.

Why must everything be blamed on GDODAD?

War exhuastion has dragged my economy down to all time lows, and the resurgence of GDODAD has increased tensions, and my economy is continuing it's downward spiral. And with other markets collapsing, it looks like NS is heading for a very large recession that will effect everyone.

Latest UN resolution.

Well... Mind if i buy up your entire economy? :P

The Imperial Navy has turned it's back on the corrupt, evil UN.

Latest UN resolution.

Well... Mind if i buy up your entire economy? :P

Our company, The TIE Corporation is protecting us from being bought out.

That's what you get for operating a silly capitalist economy.

That or the passing of the latest UN resolution.

OOC:
Actually, yes. A combination of the two. And I won't shove this recession under the table. 'Cut cut cut cut cut.' Actually, purely OOCly, I think it would be fun to actually RP a small global recession for once. It's a perfectly normal part of the economy.

Threads so far:
Imperial stock market crash (http://www.nationstates.net/forum/viewtopic.php?t=96943)

Recession in Roania (http://www.nationstates.net/forum/viewtopic.php?t=96947)

Knootian economy spinning out of control (http://www.nationstates.net/forum/viewtopic.php?t=96781)

EDITed in:
Mave's economy down (http://www.nationstates.net/forum/viewtopic.php?t=96756)

If there are more we might coordinate them.

*sends the CACE who thought up this silly resolution a flowerbasket*

You have your way now? :roll:

Perhaps we should a ression thread, why it happened, listing the winners and losers and what it means for you nation.

The Tahar Joblissan economy showed signs of capitalistic growth, but this was fortunately quashed in relatively little time, restoring the naturally imploded state by immediate increases in "spending" on grandoise projects. Attempts to revive the Tahar Joblissan National Stock Exchange, currently used as a board gaming center for children, were made by several people, but after being issued warning citations for attempting to engage in profiteering, they desisted.

**two Skittletopian businessmen in top hats walk down the street, monocled.**

"BANG!"

**the one on the left's trousers fall down, causing the one on the right to drop his monocle in shock, it shatters against the ground**

"I say old boy, what was that?"

"It appears my wallet just exploded, taking my belt with it. i seem to have stuffed just too much money in it"

**they chortle**

"BANG BANG BANG!" ** "all thier pockets explode with notes which they greet with capatalizt gaffawing"

Our economy went UP recently from Very Strong to All-Consuming... although today it's back down to Powerhouse.

Hopefully we can ride this wave...

my economy doesnt stop going up... and this is why i quit the UN...

The powerful economy of Dennisov is able and willing to assist those nations requiring aid and help.

Being sensible, we will require some control or other means of compensation. As of yet, the space program of Dennisov has only been possible with corporate funding. The result is a poor representation of Dennisov in space.

We are looking for new ways of constructing rockets, the ones currently in use are too expensive to be used for either civilian or military purposes.

The recent news that nations are suffering and even mention a recession is of great concern to the Dennish financial world. We hope that this does not trigger a panic reaction within the borders of our Republic.

The nation of SteamEarth can help you with your space program, we will provide more information on request.

In the mean time consider viewing this http://www.nationstates.net/forum/viewtopic.php?t=92369&highlight=

"It´s funny, isn`t it?" The old men drunk his tea, slowly, with dignity.
"Yeah. All those puny UN nations... Funny enough, our own economy doesn`t seem to have problems." His friend, a few years younger, answered, drinking his tea in the same manner.
"Yes. But we ain`t in the UN. Poor boys. I wonder how long until the number of UN nations is reduced by half."
"Not long. They will realise what is good for them."

~ Small talk at the DA Stock Exchange, Mönchengladbach

Resession? Nah. We're more worried about stagnation. Our economy has been chugging along at the same levels for quite some time. Not booming, but not crashing. Things are pretty midline, really.

However, many of our information technology corporations are reporting booming sales with the latest UN report listing us as 81st in the world.

- MGH Random Press Release Desk

[ooc:

Boom, bust, boom, bust, boom, bust.

That's how your economies go.

Like clockwork.

To sound like an irritating prat in a white suit in a room full of televisions:

It is the systemic anomaly inherent in the... flawed nature of your systems.]

The Vortex Corporation is confident it can survive this crisis with a profit, whilst aiding it's financial allies in the process.

http://www.nationstates.net/forum/viewtopic.php?t=96993

CBC News reports that depsite fears of a global recession the Celdonian economy appears to be unphazed by the uncertainty affecting many of the world's largeest economies, and remains classified as "frightening".

No spokesperson was available for further comment from the Ministry of Finance, as it is believed they are still celebtrating the adoption of the Rights of Labor Unions resolution by the United Nations.

::amidst a large parade::
And one day... there was a resolution passed by yonder UN. It nearly destroyed our economy, as it has our neighbors. Yet I had a dream, that one morning before the resolution took effect, I would resign from the UN. Thus our economy is now thriving, while our neighbors wallow in Union created misery.

-Morgan, Emperor of Morgain

::amidst a large parade::
And one day... there was a resolution passed by yonder UN. It nearly destroyed our economy, as it has our neighbors. Yet I had a dream, that one morning before the resolution took effect, I would resign from the UN. Thus our economy is now thriving, while our neighbors wallow in Union created misery.

-Morgan, Emperor of Morgain

Who would that be attending the parade, certainly not anyone from the working class, they're too busy manufacturing useful capitalizt products like electric bannana peelers and avoiding the whip, rather then appreciating the smog drenched sunshine of the parade day.

Kurai Nami just reached All-consuming, and the predictions for next fiscal year are very positive. We see no need to change our current heading.

Scene: a mountain face, elev. 3600m, Xijin Ulan Hu province, teh Serene Socialist Republic of Xikuang.

Two yak herders are sitting on a rock, sharing a packed lunch consisting of steamed buns and traditionally prepared oakleaf-wrapped steamed beetle in yak butter.

"So d'ja catch the news this morning?" one says, slurping beetle.

"Naw. Kid shoved the radio out the window. Three-year-olds, I swear, ya can't reason with 'em. What's it today?"

"Seems they're talkin' 'bout global recession."

"'Strewth?"

"Ayep. Say they're blamin' the worker union revolution. Looks like folk are havin' ta revamp their whole labour infrastructures. Leavin' the UN in droves, they are."

"H'm! But I hear we've just been classified up a notch."

"Ayep. Strong now. Well, ye get as good's ye give, I 'spect."

"Whoa, there, looks like your Nerrie's fit to pop."

"So she is. Let me just get that."

The man gets up, strips off his outer coat and rolls up his sleeves, disappearing behind a ponderously large yak lugubriously evidencing some discomfort. Soon he is up to the elbows in yak innards, gently easing out one, then another bloody, wet, skinny-legged, knock-kneed young animal.

"Twins." he says, covered in yak birth effluvia. "Let's hear it for prosperity."

"A better economy an' more yaks. What more could you possibly want out of life?"

The Five Civilized Nations is preparing to set aside US$10 trillion to combat recent reports of a coming recession...

[Xikuangese yak herders with aussie accents :D]

If anyone needs money in the coming recession, just ask...

Dear all and my old comrade Imperial Navy

I feel that an alliance is in order!
One which was not ultimately geared to take over the world or fend against groups like GDODAD. But one aimed at economic prosperty, writing proposels of money-making ideals for the UN and other such things, an economic alliance.

What da yah say?

Yours Faithfully

James Lawner, Emperor of Blood Peak, Guardian of The Protectorate of Coldsteam, Sovereign of Stormont Arms Systems and Commander in Chief of the Democratic Federation Military Services

We would gladly ally with your nation, but we lost faith in full alliances long ago.

Emperor Daniel Marshall
Ruler of The Grand Interplanetary Empire of The Imperial Navy
C.E.O of The TIE Corporation and owner of the Gaton and Tydus Systems
Member of the Western Europe region

If anyone needs money in the coming recession, just ask...

Hello?

Just giving somebody money does not help you to get out of a recession. The entire problem is that there is more than enough problem, but it is devaluating. Giving somebody money would simply devaluate his course even more, since there will be a larger 'supply' of money available. The best way to re-valuate a currency is when foreign investors increase their 'purchases' in that currency. In other words: the best thing you can do is buy stock from the nations that have been affected. Not only does this get you stocks at low prices, it also means a raise in the demand for the currency in which those stocks are traded, thus increasing currency value.

So to go short: giving money makes things worse, dummy :D

The Sketchian economic advisor and his aid:

What is this about an economic recession hitting NS?

Oh its nothing sir. Just the usual excuses given out by other nations on why their economy can't cut the mustard.

Hmph, so there's no danger of us getting dragged down?

Oh no sir! We are totally independent from the NS market. Completely self-sufficient. And not in the UN. Silly leaders, they think that the UN will solve all their problems. How naive.

Well that's good to hear. Still.........go make an example out of a few upper level executives anyways. Best to make sure they stay in line. Do their job properly.

============

Latter that day.......

Several VPs and comittee heads find themselves dead. Targeted by "accidents". The business world continues to run as if nothing had happened, while the surviving business leaders quietly look over their shoulder and pray that they aren't next.

A young (Well, he is Elvin, so he looks young) male elf is seen sitting at a table, behind him are some economy projection reports,

"This is TNN, Thelas News Network, I am Findecáno Telemmaitë, financial reporter. News is spreading of a world wide recession, I am here with Pauline Rethen, financial consultant for ISI (A major stock consultant firm).

"Thank you Findecáno, well yes, recent news out of nations like Knootoss and Der Angst talks about a recent down turn in their markets. While this might mean a down turn in Thelas markets, we think that this will actually increase Thelas' ability to invest in over seas markets."

"And what of the Thelas Economy?"

"Well, it looks as strong as ever, but there are reports of the economy starting so slow down in its’ record breaking rise.”

“And what are your projections?”

”What I see is that Thelas based businesses will start to buy up over seas firms. Our export market will slow down, but over all, Thelas should not be hurt by the recession.”

CNS

The Vortex Corporation has started to buy large quantities of raw materials and industrial components in nations where the recession has already caused a decrease in currency prices. Commenting on the issue, Corporate officials admitted this situation was perfectly suited to acquire large amounts of goods at relatively low prices. As one official stated it:

"Look, normally you hesitate to buy goods from nations where the economy is declining. In such cases, quality of goods and services often drops, because companies are less willing to invest funds in quality management and internal control when they lack the liquidity and excess funds. However, in the case of raw materials, there is no concept of quality involved, especially since our own firms take care of the transport to the Utharian Peninsula. Therefore, buying minerals and other natural resources in these times is nothing more than common sense."

In other news today, financial analists even noted an increase in the average stock value of the integrated companies of the Vortex Corporation. The announcement of massive expansion of the Hoverdyne industry, combined with an interest percentage on the rise, seems to fill the hearts and minds of investors with trust.

Wombat News Report (http://www.nationstates.net/forum/viewtopic.php?p=2207427#2207427)

“This is Findecáno Telemmaitë again, just in is a report from Anera Industries, the main manufacturer of consumer goods, and military/civilian arms in Thelas, has announced plans to start buying up company stocks in Knootoss. More to come later.”

OOC: Knootoss, can you give me a list of major Knootoss based companies, and what they produce?

ooc: i'm impressed the number of nations RPing recessions, and wanted to throw in my totally unwanted opinion:

1) boom and bust is part of capitalism, it's a fact. capitalists admit it, KSM depends on it in order to correct market's being overvalued. if your economy does not bust you are in serious trouble.

2) this recession is basically 1973, when corporations could no longer stay profitable with the current labor relations. this is what forced globalization, all those corporates shipping labor out of the West into the Third World. nations will not recover from this recession until they address the source of their non-profitability; selling stock, restructuring, will buy you time, but when you hit the negotiating table again, you'll take the same hit. over and over and over until you find a new way of doing business.

the question, though, is how will you do this? K and TVC are already globalized so they can't go overseas for labor, they already do. and moving more labor overseas will engender massive repurcussions at home. they'll have to find a new area to exploit, having been cut off from exploiting labor in their own countries directly. i look forward to seeing what this new source of profit will be.

OOC: Large Thelas companies are allready getting ready to exploit several (unintentional) loopholes in Thelas civil rights laws (That really donl exist). Namely, Thelas has no stance on non-sentient machines, thus, many companies are starting to use massive amount of non-sentient machines controlled by one main sentient AI.

OOC: Large Thelas companies are allready getting ready to exploit several (unintentional) loopholes in Thelas civil rights laws (That really donl exist). Namely, Thelas has no stance on non-sentient machines, thus, many companies are starting to use massive amount of non-sentient machines controlled by one main sentient AI.

OOC: If you're basically saying that you're going to replace human labour with mechanisation in response to this particularl crisis then, other considerations aside, how quickly do you think you can do that and who's picking up the tab for it?

If anyone needs money in the coming recession, just ask...

Hello?

Just giving somebody money does not help you to get out of a recession. The entire problem is that there is more than enough problem, but it is devaluating. Giving somebody money would simply devaluate his course even more, since there will be a larger 'supply' of money available. The best way to re-valuate a currency is when foreign investors increase their 'purchases' in that currency. In other words: the best thing you can do is buy stock from the nations that have been affected. Not only does this get you stocks at low prices, it also means a raise in the demand for the currency in which those stocks are traded, thus increasing currency value.

So to go short: giving money makes things worse, dummy :D

I meant the government is going to increase spending...

ooc: also, what will you do when your capital goods become obsolete, which considering the speed at which KSM innovates, will be about a year. do you have any idea what those kind of replacements will do to your banace sheet?

The Vortex Corporation has high hopes in avoiding the major effects of this recession. As our esteemed collegues in Seocc have already stated, busts are an undisputed part of capitalism, which means you can prepare for them. Of course, the timing of busts cannot be fully predicted, but one can implement several policies and procedures to minimize detrimental effects when the time comes.

TVC has always kept a clear scope as to what its core competencies are. In this recession, the conglomerates that relate to those competencies will be protected as much as possible, while we try to divert the effect of the recession to smaller, less significant branches of industry. Also, our membership of the SFN and WTE grants us access to a close and protected market, very similar to that of the CACE nations, and that internal market shows no signs of declining growth. By increasing investments in that market, we also expect to gain high ROI and RI values for the coming quarter.

In addition to those two measures, the Vortex Corporation already announced additional procedures earlier today, in this article:

http://www.nationstates.net/forum/viewtopic.php?t=96993&highlight=

OOC: Large Thelas companies are allready getting ready to exploit several (unintentional) loopholes in Thelas civil rights laws (That really donl exist). Namely, Thelas has no stance on non-sentient machines, thus, many companies are starting to use massive amount of non-sentient machines controlled by one main sentient AI.

OOC: If you're basically saying that you're going to replace human labour with mechanisation in response to this particularl crisis then, other considerations aside, how quickly do you think you can do that and who's picking up the tab for it?

OOC: It would take several years, and the government would subsidize it, Thelas is allready a Far Future Tech nation, and will have no problem doing this, it has been on the drawing board for a long time not, and Thelas' largest company, Anera is allready almost fully mechanized. And before Zero-One kills me, all the machines that do the work are non-sentient, and the controllers work of their own choice, and get paid the same amount (And some times more) than bilogical workers

Psylos in economic crisis.

The latest numbers indicates Psylos has officialy entered a recession.

Some politicians have been quick to blame our restrictive working laws, others blame the embargo put on Eerak which is harming our economy so much.

Sam palmiso, director of Psylos' book publishing industry blames the whole communist system : "look at our neightbors, Twin Palm Trees is kicking ass in every sectors of the industry despite the embargo, they've set their priority straight, it is all about economic freedom they have no tax and their freedom is comparable to ours".
Mustafa Amghar, isolationist blames the UN : "It's not the system it is the UN, Twin Palm Trees is keeping its nose at home, whe get our ass back to us and get out of the corrupt UN".

The prime minister has immediately taken short term actions to stop the slipping of our economy. He has slashed military spending and organised a nation-wide debate on the future of Psylos.

Ahahahahahahahahahahahahahahahahahaha...pause...hahahahahahahah

Sorry, that was the laugher of a thousand Biotopian economists trawling through the latests threads and summing up their thoughts on YOUR recession. We will be enjoying ourselves living the good life of imported rancid yak milk and watermelons, all thanks to the non-capitalist enlightenment of environomics.

The prime minister has immediately taken short term actions to stop the slipping of our economy. He has slashed military spending

And exactly how does that get you out of a recession?

Recession? They can't be serious. Our profits have never been so high.

Well, they do refer to national governments.

Ah, yes. Poor deluded fools. So what's this about you and some socialist ministers, Toby?

They were sexy, I thought I'd give them a go, I guess they took offense... dumb commies. Dumb, sexy commies.

Don't expect me to wage war for your sex drive, Toby.

I know, I know...

Cuz you're god damned ugly.

And exactly how does that get you out of a recession?less military-spending -> we'll get more ressources to spend on research -> may improve the economy.

But that's not short term indeed I got that wrong.

http://www.nationstates.net/forum/viewtopic.php?p=2207346&highlight=#2207346

The Lietuv economy is also in a crisis, though 'recession' is a little bit of an understatement. Suddenly, our economy tanked with no apparent reason, and we are somewhat comforted that this has occurred with other nations. As there have been no issues of the economy that have been dealt with, the Blått Hus is in disarray, trying to figure out why the sudden collapse occured. Yesterday, our economy was in a bad state, but today it has worsened. At this time yesterday, GDP per capita was at $2,000, but now it is at a mere $500 per capita.

Not only is this alarming, it appears that we are not the only ones who have suffered a sudden drop. Trade, which was just beginning to pick up, is still continuing, but inflation rates are going up in the nation. Increased military size, and the membership of the UN have been blamed by many, and the latest UN resolution, in which the Weston Administration changed it's position from FOR to AGAINST, certainly seems to blame. This crisis will hopefully be repaired soon, though the chances of Adrian Weston look grim, as he has not helped the economy further itself.

OOC: Just think, Lietuveska, you could have had DRI or the whole PCC helping you, if only you were willing to pimp out your female ministers. :P :wink: :shock: :D

http://www.nationstates.net/forum/viewtopic.php?p=2207346&highlight=#2207346

Trade, which was just beginning to pick up, is still continuing, but inflation rates are going up in the nation.

Stop importing goods. High imports in a recession is one of the dumbest things you can do.

We can't afford to lose trading partners, nor we can we afford to not have the material that we're importing to be lost.

We can't afford to lose trading partners, nor we can we afford to not have the material that we're importing to be lost.

OK let me explain this again: in a recession, your currency probably devaluates. This means importing goods becomes expensive. So the appropriate course of action is to suspend imports: you keep your trade partners, but you reschedule transactions a few months into the future. The only thing you cannot afford now is importing goods at prices that become (relatively) higher every day.

We can't afford to lose trading partners, nor we can we afford to not have the material that we're importing to be lost.

OK let me explain this again: in a recession, your currency probably devaluates. This means importing goods becomes expensive. So the appropriate course of action is to suspend imports: you keep your trade partners, but you reschedule transactions a few months into the future. The only thing you cannot afford now is importing goods at prices that become (relatively) higher every day.

Haha, have fun Vortex, looks like you will have a fun week or so explaining to every 'supply and demand' economists why, what they are doing is the antichrist of economic reason. :twisted:

Well, since I have an exam on the subject next week, I don't mind.

The Department of Economics has announced recently that our growth over this Sixmonthly Subplan has been superior to predictions; we beleive this recession affects only the liberal economies due to their lack of correct control of the economy.

Well, since I have an exam on the subject next week, I don't mind.

are you at school or uni? I just finished high school and summed up three years of economics :D

University --> Business Sciences

Plus at my highschool I had 6 years of advanced economics.

University --> Business Sciences

Plus at my highschool I had 6 years of advanced economics.


Argg! 6 years is a long time, considering high school only goes for five years here. Well best of luck, and don't forget, diagrams, diagrams and disgrams [I managed one cicular flow in my exam, it was the only appropriate diagram to draw in hte entire thing]. [[honest!]]

On the dreary plain of the Great Shield, top-level corporate heads, from the Westerton Motor-Car Company to the Iansislean International Telegraph Corporation, gathered together in rainy Ianapalis to talk with Dr. Benton Blayer, the Commonwealth’s Minister of Finance. It was true, Iansislean need for sovereignty had forced it to withdraw from the United Nations years ago, but the immediate cause was not nearly as important as the after effects.

Iansisle had often been described as ‘a nation of shopkeepers’ and ‘the work-house of the Pacific,’ and not without reason. The Iansislean economy was almost exclusively dependent on exports, and ones that needed to continue expanding at that! With most of the rest of the world going into what looked to be a nasty bit of economic turmoil, it was looking as if markets would be contracting.

To a country that had been riding the biggest boom in its history for upwards of three years, the prospect of markets that were not only not expanding, but may even be contracting was a sobering thought. Sure, with the population boom in Iansislean Gallaga, the market for cheap textiles and opium may actually increase, but what of the mass exports of manufactured goods to the developed countries this was going to be affecting? What of the massive tariffs, duties, and other things poisonous to a free trade nation that would invariably start springing up?

Even then, it wouldn’t even be just the industries directly affected by the loss of markets. What of Iansisle’s merchant marine, one of the largest in the world? What of those who manufactured the ships? What of those who provided the shipwrights with their daily bread? The consequences to the Iansislean economy and entire way of life were staggering.

And so the captains of industry sat with the captains of government as the rain pounded down on Ianapalis’ cobblestone streets.

Iansisle, you still have some possibilities:

1. Start exporting against low fares, gaining a new presence in new markets. This might make products payable for countries in a recession, and it gains you a presence in markets that will regain stability in the future.

2. Invest in raw materials and valuables. Things like art, gold, minerals, oil and similar items are hardly affected by recessions, and if they are, they tend to recover from it quite fast.

3. Stockpiling! Once countries get out of a recession, it means they need a lot of imports to compensate for the lack of imports during the recession. If you manage to be the first supplier on demand, that can give you large financial benefits.

(ooc: All very good ideas, to be sure, but remember that the Iansislean government has always been one to make the worst possible decision given any set of circumstances. ;))

#3 Jameston Place
Ianapalis, Iansisle, the Commonwealth

"Very interesting possibilities, sirs, and I thank you for your time. However, the Empire has always stood alone, and I see no reason why it shouldn't now." Minister of Foreign Affairs Lord MacIntyre stood, and nodded subtly at Edwards. "Now, I'm afraid that I have much work. It's been a pleasure meeting with you."

The Vortex representatives were tactfully but insistently herded towards the door, which Edwards had opened for them. After they were gone MacIntyre shook his head. "Imagine their sheer gall! Trying to dictate economic policy in the Commonwealth!”

“Astounding, my Lord,” agreed a most disinterested Edwards.

Outside the building mentioned above

The two representatives from TVC, normally employed at the embassy, looked at each other and shrugged.

"It's 6 o' clock. Wanna grab a beer?"

"Sure, why not? The price is decreasing anyway. I say we rise to the opportunity."

What ever happened to the recession?

It's still here... working on the next post right now. :wink: