Zerni
25-11-2003, 21:36
In While the Economy in Zerni like a few other much larger countries have not taken a downturn, the news of of Global Recession has alarmed everyone in Zerni from the lowest farmer, fishermen, store owner and corporate goon, to Nobility, Leaders of Merchant Concertiums and Corporation Heads. This is do to the fact that Zerni is a free market ecomony uprotected by any business regulations or tariffs and where the government stays out of business Affiars and where about everything is legal or is legal with the right bribes to the right officals. Rightfully this downturn of the Gobal economy is a little alarming as Zerni is seen as execally vulnerable. To counter act this down turn the Emperor is taking several actions including seeking to open the Menelmacari Market to Zerni Merchants and corporations in Zerni. He has also lowered the Income tax from a flat 11% rate to a 6% rate and may drop this rate even lower.