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Currently Browsing: Economy

Overheated Economy Shows Signs of Cooling

The question now for Will World economists and the central bank, is did they turn down the heat too much?  Growth last cycle dropped to almost nothing; unemployment remained almost unchanged but as a lagging indicator, we might not see the full effects until next cycle. The interest rate increase was successful in curbing Willian’s appetite for debt.  Consumer debt levels remained stable last... read more

Taxes

Facing a short-fall of revenue and demands for more infrastructure spending, the government is expected to consult business leaders on different tax options.  With considerable debate among elected representatives and government economists, the Roslin administration appears to have narrowed the options to five. A property tax of 5% on the value of all manufacturers machines. An excise tax of $1 on raw... read more

Choosy Consumers Make Choices

Manufacturers had a record-breaking cycle, selling 25% more units than the last cycle.  However, revenues rose by only 0.2% as average prices of most goods fell.  Macs sold for an average of $1.73 while Lyons sold for $1.54.  Prices in the painted product market were relatively stable, with Painted Macs selling for $3.22 and Painted Lyons for $3.24.  Prices for Luxury Macs dropped dramatically to an... read more

Hiring a Research Assistant? You Aren’t the Only One

Story filed by R Gilmore Throwing caution to the wind, Will World manufacturers went on a hiring spree last cycle.   25 unskilled labourers found new positions.  Labour market conditions are tightening and there are worries that a shortage in quality workers is growing.  Some firms complain about unreliable workers who show up for work late or steal products.  Other companies report no issues and say... read more

DunderMifflin Done

Story filed by R Gilmore DunderMifflin has filed for bankruptcy this morning.  After paying fines for their environmental damage and having most of their employees quit, the company has had to file for bankruptcy. To recover their investment, representatives at Cuttlebank are auctioning off all assets of DunderMifflin to the highest bidder. Assets 2 Macizoid machine 2 pollution credits Bidding will end... read more

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