The biggest reason I want the Canal Company right now is to make sure we have a stake in the thing. Because we definitely want to be the ones controlling access to it.

Ideally we would combine it with the Crown Bank for a complicated scheme that ends with us having the canal and our creditors holding a bunch of worthless paper.
 
Do we have realistic chances to recreate Greater Sacred Forest?

Yes, with the right decisions.

Hmmm
What reforms could we take to jump start the Sacred Forest? Would Religious Reform cause a return to the old values?

At this point that ship has long sailed. You will require a combination of religious, scholarly, and economic changes to revive it.

Shouldn't they have stopped being lightning rounds by know, considering how little time is passing?

Given that my vague plan for this era of development was that turns would be four year blocks broken into two phases, this is still a lightning round, and I am basically going on pure narrative and "Eh, that works" rather than having any more sophisticated systems.
 
[X] Ymaryn Crown Bank (1x)
[X] Monsoon Sea Trading Company (1.2x)

Sea trade involves a lot of skirmishing, but is possible. And creating a naval company and giving it remit to clash with the vortuga gives us a persistent source of naval experience while projecting our interests into the Monsoon Sea

Central Banking is just too damn good, and we need a ready source of cash to both sustain our nation building and as collateral for the bank, which is hopefully where our new company and Kus comes in.
 
I suppose having a better administration and education is already a step in the right direction. We can marshal the resources and coordinate it and have the ability to train people to do the job in reasonable numbers. Motivation to recreate it is what is missing.
 
Being first doesn't amount for much if the Canal fails at first. I don't want to be the France to someone else's Britain in this regard.

We dug a canal with stone trowels. I think we can handle this.

And we'll finance it through credit, let the company go into more and more debt, then once the project is completed, have it default on the bonds and buy up shares at a fraction of the price. It'll be great.
 
One thing we probably want to note is that we know about shareholding, stocks, and insurance. So if a large trade war breaks out between the trading companies, then everyone might sink when insurance is called. Infrastructure aka (channel building) on the other hand will bring steady profits continuously.
 
We dug a canal with stone trowels. I think we can handle this.

And we'll finance it through credit, let the company go into more and more debt, then once the project is completed, have it default on the bonds and buy up shares at a fraction of the price. It'll be great.

That tactic would be most likely impossible to do with the lightning rounds, we simply can't micro anywhere near the amount needed to manage that. Unless AN ends the Lightning rounds right now, I don't see plans like this being achievable.
 
One thing we probably want to note is that we know about shareholding, stocks, and insurance. So if a large trade war breaks out between the trading companies, then everyone might sink when insurance is called. Infrastructure aka (channel building) on the other hand will bring steady profits continuously.

Yeah, but in that kind of clash, Vortuga is very far away from the action while we have it on our frontlawn. Remember the Trelli war? Even with their tradeports in the region, they are hated and will have a harder time resupplying all the while their profits are shrinking because we can get the goods to Europe much cheaper.

At least I think so. Dunno how the logistics look like in that age, but it should be difficult to sustain a conflict at that kind of distance.
 
One thing we probably want to note is that we know about shareholding, stocks, and insurance. So if a large trade war breaks out between the trading companies, then everyone might sink when insurance is called. Infrastructure aka (channel building) on the other hand will bring steady profits continuously.

To add here, trade companies in general have a very mixed track record, both in efficiency (meh) and the ethics ("the what now?" - trade companies).

Meanwhile, we literally cannot have modern economy without a central bank. So, you know, priorities.
 
That tactic would be most likely impossible to do with the lightning rounds, we simply can't micro anywhere near the amount needed to manage that. Unless AN ends the Lightning rounds right now, I don't see plans like this being achievable.

AN is apparently a fan of the South Seas Bubble. I think it's pretty much assumed that any large financial undertakings in this particular age will be shady as Hell.
 
To add here, trade companies in general have a very mixed track record, both in efficiency (meh) and the ethics ("the what now?" - trade companies).

Meanwhile, we literally cannot have modern economy without a central bank. So, you know, priorities.

Yes, one of the options is basically south east trading company, not something we want to recreate, not even because of moral reasons, it went bankrupt so hard it nearly sank its country with it as well.
 
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AN is apparently a fan of the South Seas Bubble. I think it's pretty much assumed that any large financial undertakings in this particular age will be shady as Hell.

On the other hand, there are a lot of succesful trading companies like the Dutch or British.

...

Oh god, our Boyars are notoriously corrupt. They will fuck it up.


@Academia Nut

Are the corruption issues being fixed and do our people know to keep those people far away from anything with which they can cause damage?
 
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On the other hand, there are a lot of succesful trading companies like the Dutch or British.

...

Oh god, our Boyars are notoriously corrupt. They will fuck it up.

Basically the bank and/or the canal are the best options, because the bank would be mostly under Ymaryn control, and canal is a physical thing, something that is there and brings steady revenue. It is also far away from Gylruv.
 
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