01/04/2022/0014/0003 - CONFEDERATION BI-WEEKLY AND MONTHLY ECONOMIC REPORT: MARCH - LATE AND SOMEHOW SICK AGAIN EDITION
The data collected on the right has been complied by corroborating WA Census Data along with Confederation Government Data; Inflation calculated using formula from 27/02/2022/010/0004 - "The Better Economy Management Act 2022 AD"
Despite the slug experienced in February, the Confederation Economy has experienced a massive spike at the start of March in terms of total Gross Regional Product worth. This was followed by a continuous decline in employment rates. Taxation experienced growth after a delay from the GRP growth, and average GDP also increased among Confederation Member States. Scientific Advancement got better and Inflation became increasingly volatile as March went on. That is the summary for March for the Confederation Economy for this slow and mostly positive month for the Confederation.
Despite such a fact, many analysts will note the crash in average employment figures, dropping to its lowest in the year of 2022. From the sixth of March to the 26th, employment figures experienced a total of 2.12% of decline. Which seems to only be attempting to be reversed… recently on the 27th and stabilised around the 59.08% mark. As noted by President Bombardone in a recent speech, it can be attributed to employers taking this chance from subsidies to attempt to make large short term gains. This should be noted, is entirely contradictory to the 5.18% GRP growth experienced within this fiscal month. It is highly recommended for nations to figure out a way in order to once more boost job numbers into counteract increasing wealth inequality, which can easily result in instability leading to additional economic downturn for the Confederation as a whole.
As the GRP recovered, there was an observed recovery in the stock market as well. With Aurelio Desti Motors, S.p.A (ADM) experiencing an astonishing recovery, in contrast to the Organization for Islamic Publishing (OIP) being expected to be shut down and kicked out of the Stock Market by the Treasury Commission for Stock Market Management due to perceived and most likely authentic estimates of incompetence and severe fiscal mismanagement. That aside, any stockholders of ADM are bound to be rich after this. Hopefully and predictably praying to help increase the Confederation Economy to rebound into greater heights.
Current recommendations include,
Mandate Money Creation in order to ensure growth at a limit to 1.90% inflation
Institute Public Works Projects in order to counteract current employment slug
Not invest into OIP
Remove Tolls so greenline can go up
Send Prisoners to Vangar by signing up to this new Treasury program!
Throughout March, it can be observed that taxation and scientific advancement went up together. However, diverging once more at the end of the month as inflation suddenly spiked to 1.98%. It cannot be determined on why such an incident has occured. With price levels fluctuating madly throughout March, with a high deviation standardised to 1.112% over the month. It is unknown whether these are national leaders taking different approaches in order to attempt to build up the economy leading to calibration of the wider Confederation Economy, rampant speculation on the stock market, a desperate attempt by national legislatures to counteract falling workforces, or a combination of all possible scenarios. If the trend is set to continue, large economic crises are on the horizon, requiring even more proactive - and notably unified - responses in order to stabilise the economy even in this era of renewed growth.
Data taken as of 30/03/2022 utilising Economic Freedom Statistics provided by the World Assembly
Some nations have indeed taken that action, with a fall from 16.7% to 12.5%, the purely free liberal economics have fallen prey to the State-Controlled and Mixed styles of economic governance despite the fact that statistically speaking government controlled economies can just be as brain dead as fully liberalised economics. It could be discerned that nations have been responding to the current needs of the people by responding with what they have (hopefully) determined to be the requirements for further growth within their nations.
With the data here, it is hard to fully tell why things are in the current Confederation Economy. Why did the economy experience such a growth? Was it the glory of dear old papa Veers rising out of his ditch in West heisen to finna double pump these cappie boys with that soulja boy? (Comment: “Remove this” - Octy) Was it the Confederation Government simply letting things be in order to have the Confederation community has a whole time to recalibrate themselves? Was it the result of just braindead cheapskate and most likely avocado eating industrialists? Or was it the Confederation Government throwing more money for industrialist growth leading to just… more confusion in the midst of more growth? Like a lot of things, its hard to tell. But all we can tell, that all of those factors play a role. And lets hope we get more economists because this is hard to decipher.
Hail the Confederation!
The Royal Protectorate of MineLegotipony.
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