online games, multiplayer games
Simcountry is an Online Digital World where you are the President of a country.
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What is Simcountry?

Tom, PLEASE READ.....Re: Loan Market (White Giant)

Simcountry: Simcountry Bulletin Board  Tom, PLEASE READ.....Re: Loan Market (White Giant)

Adam (Fearless Blue)

Friday, June 13, 2008 - 02:54 am Click here to edit this post
I know that I would like to see risk added to Loan equation. As it existed in the past, neither the lender nor the borrower had any risk. Both lender and borrower won under these conditions, but others had to pay when their countries were attacked.

The greatest users of loans are presidents who never intend to build viable countries. Instead, they use lent money to go rampaging across the world doing untold trillions in damage before they grow tired of using their credit card and drop out.

Building in risk will help eliminate this type of abuse.

I also think that loans past a certain threshold (say $5T) should require the country to be solvent in order to obtain a loan.


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