It is trade debt and the biggest problem is the lack of trade items for the two main ones so we have a more limited ability to pay it off. With max am and em this go around we need to take major steps to reduce our need to import so that we can start balancing our books next time trade comes around.
We are doing both, I think the hope is with this ship purchase we can shift more to filling out the escorts with our own shipyards at which point moving forward we can trade vanheim credits to others to pay down our deficits
Alright, but what's the problem with us having limited ability to pay that debt off? Do we need the ability to pay it off? Why is it bad to have whatever millions of debt we have?
We can barely expand our economy.
We are literally going to a new area to expand our economy. Durin has said we will finally get the chance to expand to a new area which means we can start making new forge cities followed by new forge hives. Also we are expanding one small forge hive to a large and need to start work on the other forge hive soon.
I have to say that I was proposing that stand nearly every normal turn scince the last trade deals and failed. The majority will always vote for shiny. The idea to save up when money is plenty simply get no tracktion.
I want to point out that expansion into a new area and building the first cities will take the better part of 50 years and only cost. It will take another 50 years before returns will come in/the investment has been paid of.
Who says that our shipyards will be idle? We have bunch of other ships we could (and will) be building, now that the the losses are recouped we could be slowly expanding our combat fleet and/or just building more Mass Conveyors and Skeid Heavy troop Transports for example.
A. Ramiles Starforts, like all orbital defences, don't use shipyards.
So. what I hear is, as long as no one transcends into a God of Economic Idiots and start to wield debt as a beatstick, it's fine. And I doubt that anyone who passed basic competency test will, much less a Governor.
When you get into debt there are two ways to get out of it. The first is Austerity which we really cannot afford to do in the setting. We have a enemy that is competent and going to fight us in ways we cannot bring the full night of the trust to bear.
Yeah. Most growth is focussed on the orbital mechanicus cities anyway. But I am german. I beliefe in Austerity. That is why I do a minimal plan before we -as the players- will get in serious trouble.
I understand these but we need to not just grow the economy but the military. Because if we do not there is a good chance of us being murdered by the many enemies we have.
Thing is as he said we can't do austerity, in another setting maybe, but otherwise?
What sort of trouble?
Oversight? As in we have a nice guy from Nilfheim sitting in every meeting with the right to say "No. You can not afford that." to whatever it might be and we have to accept that.
Vanaheim does not have that or anyone else really. Why am I talking about Vanaheim well they owe currently more debt than what we are going to take on.
Yes? They own us 2,3 mil and we will take on without change to Vanaheim Credits roughly 1.9 mil.
They are also over 3 million in debt to Muselphiem and Nilfhiem each. So you worry about being in debt too much just seems to be pessimistic to me right now.
That is with one planets military not doable. In the grand sheme of things Avernus will only play a smal role at best.
The fact that the Trust wants bee a 300 percent increase of the Hellguard we tithe is my main counterpoint to what you are saying. They have a ridiculous kill ratio against everything we have thrown them against so far.
Well that's just stupid. What in the world gave you an idea that such stupid thing exists, that Nilfheim will want to do such a stupid thing and that we even have to accept such a stupid thing?
As elites teir numbers are low compared to what armies Midgard can field.
