| Andy | Friday, May 21, 2021 - 03:41 pm 
Several trillions in loans carry very high interest payments.
We have seen many times, that such interest payments are pushing players into even higher debt and all end in bankruptcy.
It does not make sense.
If in high debt, you have the following options:
1. Turn your economy around by turning to very profitable corporations, like mining corporations and increase your profitability.
2. reduce cost by selling assets on the market, reducing the size of the army, putting the remaining weapons into the reserves to reduce cost and the numbers of soldiers and officers.
Selling some products you have in large quantities can raise cash.
3. checking health, education, transportation etc. making sure none of the indexes is >170.
(>170 is great if you have the money to sustain it).
If these indexes are too high for now, you can close schools, universities and hospitals to reduce the monthly cost of the country.
4. Make sure your corporations are at full production. check education priorities and balance the working groups.
In most cases it can succeed. The limited loans prevent real hopeless situations.
If all this cannot help because the problem is much larger:
You can abandon, (unregister) the country and start a new country.
There is always the option of buying gold coins/game money and using the cash to save the country. This is a choice you have. |
