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World Bank

Simcountry: Simcountry Bulletin Board  World Bank

Defenders Corporation

Wednesday, October 08, 2003 - 07:47 pm Click here to edit this post
How’s this for contemplation…

Loans: …. Countries give out loans, such as mine, at an interest rate of only 4%.

I took a look at the list of “Loans Given” and low and behold, on the list is the “World Bank” as a recipient. The World Bank takes a loan from me at a 4% interest rate and then must be re-loaning it out at a very much higher rate, probably anywhere from 6% to 12% or higher.

Now, why can't we do that? …. We should be able to set our own interest rate instead of just “accepting” what the Game Gods have dictated. If there was really a free market system in play, that should also include what we can get for our “money” on loans to other players.

What do you think? Curious minds want to know. Post away my friends. This may prove to be a very interesting thread, to you, W3C and me. Cheers /ch{:)}


Wednesday, October 08, 2003 - 08:32 pm Click here to edit this post
well .. yes that would be one option. Dive into the stock market and take corps public .. 12% is peanuts if you learn quick.

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