NationStates Jolt Archive


The International Stock Market

Shiloba
25-11-2007, 14:12
Our nation has come to thought, what if there was an internation stock market? It would require funding, and obviously time to set it up, but it would benefit nation's economies by 150%, and make the citizens of a nation happy as loons.

Obviously our nation will not be able to set it up by ourselves, and we're going to have to have a number of buildings throughout the world, with constant status updates.

So if you could suggest ideas, post maps, put funding, within 5 years we can make a new world wonder; created by the world!
SaintB
25-11-2007, 14:43
Hmm.. organized right this would be a great idea.
Cookesland
25-11-2007, 14:51
Just a warning, this has been tried before and not worked out, but if you are going to, you should take a look at imported_viZion'sStock Exchange Thread (http://forums.jolt.co.uk/showthread.php?t=533360)
Charlotte Ryberg
25-11-2007, 15:52
It is possible, but a program code would have to be written out, basically to simulate the exchange, print out the statistics every fifteen minutes, manage buy or sell shares and add new companies to it. It would pay to require member nations to have their own national exchange.
Bredford
25-11-2007, 17:30
Good idea, but like Charlotte said, a program code needs to be written.
Shiloba
25-11-2007, 21:40
Yes a code is going to need to be written, we're also going to need ISM (International Stock Market) mod nation's to update quotes etc. It's going to take 3 months at least to get the whole thing up and running.

We need more support. Please consult your regions about this. We will also need more support. The UN may be able to help. This is going to require funding, but it's worth it in the end, mainly for the economy.

I don't know how it's going to work in the end. I'm aware that this has been attempted before, but if we work on the right scale I'm sure such a feat can be achieved.

All we're going to need are some nations that are willing to help. Billions are going to have to go into this, but it's going to create a national wonder. Please I ask that everyone talk to their region about this, ask them to check out here.
Anagonia
25-11-2007, 22:41
Make it something interesting. Like NSTracker or NSEconomy, expect with participating nations and the possibility to sign up for free to add your nations wealth to it.

There are a lot of possibilities that could be done here. For instance, this new NSStockMarket could easily be used as a reference for Peace-time and War-time gain and loss. Say your nation is loosing money, they could RP that and have assistance. On NSSM, they could actually get a certain amount of money from nations sent to them to HELP their economy!

The possibilities are endless! This is an awesome idea and should be taken to an off-site web page to enhance player activities and participation, with the addition of player comments and suggestions to improve upon the original.

Indeed, Anagonia will participate!