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'Iceland - Downfall of a Foolish Little Nation'...What About Us?

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Lockheed19 Gallente Quadrophenia.	Posted - 2009.02.07 11:18:00 - [1] http://www.telegraph.co.uk/news/worldnews/europe/iceland/4540835/Iceland-downfall-of-a-foolish-little-nation.html Would anyone at CCP be in a position to confirm that EvE Online is safe from the ravages of Iceland's economic suicide?
Sniper Wolf18 Gallente A Pretty Pony Princess	Posted - 2009.02.07 11:23:00 - [2] CCP relys on payments of euros and dollars form countries outside of iceland (mostly) so therefore should be alright in the economical turmoil. CCP have alredy stated this numerous times, do you really have to make another thread on it? By the way, does it annoy you when you didnt realise that you were reading my sig?
Hoshi Eviction.	Posted - 2009.02.07 11:24:00 - [3] They have already confirmed several times that they are safe. In a way this is actually better for them as they have all income in $/Ç and most expenses in Isk (Icelanding Krona). With Isk being worth less they have less expenses. If you look back a few years they where actually considering moving from iceland because the opposite situation existed. The Isk where very strong which meant very high expenses compared to income. ---------------------------------------- A Guide to Scan Probing in Revelations
Washell Olivaw	Posted - 2009.02.07 11:52:00 - [4] Originally by: Hoshi In a way this is actually better for them as they have all income in $/Ç and most expenses in Isk (Icelanding Krona). With Isk being worth less they have less expenses. In the first thread about this, months back, they also said that most of their expenses are in the US dollar and Euro.
Lockheed19 Gallente Quadrophenia.	Posted - 2009.02.07 12:10:00 - [5] Thank you.
Pan Crastus Anti-Metagaming League	Posted - 2009.02.07 13:31:00 - [6] Originally by: Hoshi They have already confirmed several times that they are safe. In a way this is actually better for them as they have all income in $/€ and most expenses in Isk (Icelanding Krona). With Isk being worth less they have less expenses. If you look back a few years they where actually considering moving from iceland because the opposite situation existed. The Isk where very strong which meant very high expenses compared to income. "Expenses" being salaries mostly, I suppose. CCP might be doing fine, but will their employees stay? In any case, people won't stop eating fish and they won't stop playing EVE either.... How to PVP: 1. buy ISK with GTCs, 2. fit cloak, learn aggro mechanics, 3. buy second account for metagaming
Malakai0 M. Corp Mostly Harmless	Posted - 2009.02.08 05:10:00 - [7] Edited by: Malakai0 on 08/02/2009 05:13:26 Edited by: Malakai0 on 08/02/2009 05:12:46 The dollar is probably the next most unstable "western" currency =( =( =( edit: Icelanders should be demanding their government goes to the gold standard, the gov and banks are obviously quite incapable of managing a pure paper currency. They all are in the long run. I suggest Ron Paul's "Gold, Peace, and Prosperity"! Or Murray Rothbard's "What has government done to our money?" Or Ayn Rand's "Capitalism: The Unknown Ideal" for several essays on gold, including that of a young Fed Chairman before the fact ;)
Threv Echandari Caldari K Directorate	Posted - 2009.02.08 05:39:00 - [8] Edited by: Threv Echandari on 08/02/2009 05:43:21 Originally by: Malakai0 The dollar is probably the next most unstable "western" currency =( =( =( edit: Icelanders should be demanding their government goes to the gold standard, the gov and banks are obviously quite incapable of managing a pure paper currency. They all are in the long run. I suggest Ron Paul's "Gold, Peace, and Prosperity"! Or Murray Rothbard's "What has government done to our money?" Or Ayn Rand's "Capitalism: The Unknown Ideal" for several essays on gold, including that of a young Fed Chairman before the fact ;) Heh nobody wants to hear about "Gold Standards"! It would mean an end to deficit spending and we can't have that now can we? (Great Reads BTW but lost on most Keynsians and Nobel prize winning economists "CoughKrugmanCough". ---------------------------------------- Happiness is a Wet Pod
Genya Arikaido	Posted - 2009.02.08 06:20:00 - [9] I want to move to Iceland. No! I'm serious! 1. I can legally reside there, EU is good for something. 2. My income, like CCP's is global & tied to the Internet. My office is wherever my PC or laptop is jacked in and online. 3. My wife likes the idea too, because she also plays EVE. (SUCKS TO BE YOU! )
Dreamwalker	Posted - 2009.02.08 06:51:00 - [10] Originally by: Malakai0 Edited by: Malakai0 on 08/02/2009 05:13:26 Edited by: Malakai0 on 08/02/2009 05:12:46 The dollar is probably the next most unstable "western" currency =( =( =( edit: Icelanders should be demanding their government goes to the gold standard, the gov and banks are obviously quite incapable of managing a pure paper currency. They all are in the long run. I suggest Ron Paul's "Gold, Peace, and Prosperity"! Or Murray Rothbard's "What has government done to our money?" Or Ayn Rand's "Capitalism: The Unknown Ideal" for several essays on gold, including that of a young Fed Chairman before the fact ;) You want to move to a gold standard? Why on earth, do you don't have a college degree? Are you not doing better now then your parents? Because the gold standard will freeze us in our places and make less opportunities in the future. Currently I'm out of work because I worked in Real Estate but I'm sitting on more cash and income properties than people that are 30 years older than me. I don't care if the currency moves up and down, I can get by without buying electronic goods, and my tenants have their rent paid my the US government so I'm sure that the checks will continue. Dude, if you don't like your live change it. But lets not go back to the hell of the gold standard.
Karlemgne Tides Of War	Posted - 2009.02.08 08:59:00 - [11] Ummmm... All I can say is... In the words of Austin Powers: "Yeah capitalism?" -Karlemgne
Hoshi Eviction.	Posted - 2009.02.08 12:42:00 - [12] Maybe Iceland could tie their currency to the Eve Isk, seems like a much more stable currency than most real life ones atm :-)
Missile Barrage	Posted - 2009.02.08 13:18:00 - [13] Quote: They have already confirmed several times that they are safe. In a way this is actually better for them as they have all income in $/Ç and most expenses in Isk (Icelanding Krona). With Isk being worth less they have less expenses did they? they have servers in england , bandwidth costs in england , servers from ibm who last i checked arent an iceland company. they also have an office in the UK and one in china. not everything is paid for with real world isk

GM Zerat	Posted - 2009.02.08 13:33:00 - [14] CCP is an international company. We are not exclusively Icelandic, and in fact most of our subscribers (and a large portion of our employees for that matter) are not Icelandic. So the economic woes of one nation will not bring us down . The company itself is in good shape. On a more personal note, the Icelandic economy, although hard hit, is not completely ruined. We still have plenty of exports and a thriving tourism sector and plenty of well educated people in various fields, we have a good "base" to work with. The hardest hit was the banking sector, and although that has implications elsewhere obviously, it certainly hasn't reached a point of utter despair here. We'll get back on our feet in a few years, meanwhile we'll just have to work a bit harder.

Nooto	Posted - 2009.02.08 14:05:00 - [15] really looking forward for the upcomming investor relations infos about the last half year
Hatt0ri Hanz0	Posted - 2009.02.08 14:09:00 - [16] Originally by: GM Zerat CCP is an international company. We are not exclusively Icelandic, and in fact most of our subscribers (and a large portion of our employees for that matter) are not Icelandic. So the economic woes of one nation will not bring us down . The company itself is in good shape. On a more personal note, the Icelandic economy, although hard hit, is not completely ruined. We still have plenty of exports and a thriving tourism sector and plenty of well educated people in various fields, we have a good "base" to work with. The hardest hit was the banking sector, and although that has implications elsewhere obviously, it certainly hasn't reached a point of utter despair here. We'll get back on our feet in a few years, meanwhile we'll just have to work a bit harder. I like your gumption.
Uncle Stabby Amarr Viziam	Posted - 2009.02.08 14:52:00 - [17] Originally by: GM Zerat CCP is an international company. We are not exclusively Icelandic, and in fact most of our subscribers (and a large portion of our employees for that matter) are not Icelandic. So the economic woes of one nation will not bring us down . The company itself is in good shape. On a more personal note, the Icelandic economy, although hard hit, is not completely ruined. We still have plenty of exports and a thriving tourism sector and plenty of well educated people in various fields, we have a good "base" to work with. The hardest hit was the banking sector, and although that has implications elsewhere obviously, it certainly hasn't reached a point of utter despair here. We'll get back on our feet in a few years, meanwhile we'll just have to work a bit harder. While I don't post on the forums often, I have to throw you a salute on this one. I just wish more of us Americans would share your attitude.
Agrilad	Posted - 2009.02.08 14:56:00 - [18] Originally by: Uncle Stabby Originally by: GM Zerat CCP is an international company. We are not exclusively Icelandic, and in fact most of our subscribers (and a large portion of our employees for that matter) are not Icelandic. So the economic woes of one nation will not bring us down . The company itself is in good shape. On a more personal note, the Icelandic economy, although hard hit, is not completely ruined. We still have plenty of exports and a thriving tourism sector and plenty of well educated people in various fields, we have a good "base" to work with. The hardest hit was the banking sector, and although that has implications elsewhere obviously, it certainly hasn't reached a point of utter despair here. We'll get back on our feet in a few years, meanwhile we'll just have to work a bit harder. While I don't post on the forums often, I have to throw you a salute on this one. I just wish more of us Americans would share your attitude. By and large the mass media doesn't want us too.
Genya Arikaido	Posted - 2009.02.08 15:14:00 - [19] Edited by: Genya Arikaido on 08/02/2009 15:14:11 No, the American mass media likes to make you all terrified of impending doom with every little negative thing that happens in the world to make you trust further and further in a failing experiment in democratic government to take care of you and the world. I am sorry for you. Help me move to Iceland!
rValdez5987 Amarr 32nd Amarrian Imperial Navy Regiment.	Posted - 2009.02.08 16:58:00 - [20] Originally by: Genya Arikaido Edited by: Genya Arikaido on 08/02/2009 15:14:11 No, the American mass media likes to make you all terrified of impending doom with every little negative thing that happens in the world to make you trust further and further in a failing experiment in democratic government to take care of you and the world. I am sorry for you. Quoting dis for truth. we should never have rebelled against Britain. WE DIDN'T LISTEN!
Eran Laude Gallente The Aduro Protocol	Posted - 2009.02.08 17:01:00 - [21] Originally by: rValdez5987 Originally by: Genya Arikaido Edited by: Genya Arikaido on 08/02/2009 15:14:11 No, the American mass media likes to make you all terrified of impending doom with every little negative thing that happens in the world to make you trust further and further in a failing experiment in democratic government to take care of you and the world. I am sorry for you. Quoting dis for truth. we should never have rebelled against Britain. WE DIDN'T LISTEN! We'll have you back if you like, but our economy is down the pan too so I don't know what good it'll do ya
Tellenta Gallente Invicta. Cry Havoc.	Posted - 2009.02.08 17:09:00 - [22] Originally by: Eran Laude Originally by: rValdez5987 Originally by: Genya Arikaido Edited by: Genya Arikaido on 08/02/2009 15:14:11 No, the American mass media likes to make you all terrified of impending doom with every little negative thing that happens in the world to make you trust further and further in a failing experiment in democratic government to take care of you and the world. I am sorry for you. Quoting dis for truth. we should never have rebelled against Britain. WE DIDN'T LISTEN! We'll have you back if you like, but our economy is down the pan too so I don't know what good it'll do ya If we get a rowdy parliament like the Brits do I'm down. C-SPAN is darn boring, a little smack talk would liven it right up.
Jenny Spitfire Caldari LoneStar Industries FOUNDATI0N	Posted - 2009.02.08 17:13:00 - [23] Iceyland is ok. If it si vewy bad, tehy can jion UK or EU and Eve is also ok. EU or UK will nto let Eve dei.
Cors It's A Trap	Posted - 2009.02.08 17:18:00 - [24] Originally by: Jenny Spitfire Iceyland is ok. If it si vewy bad, tehy can jion UK or EU and Eve is also ok. EU or UK will nto let Eve dei. Quit typing like an idiot. All people do is focus on your typing skills instead of the content of your words.
Haniblecter Teg F.R.E.E. Explorer Wildly Inappropriate.	Posted - 2009.02.08 17:18:00 - [25] Originally by: Malakai0 Edited by: Malakai0 on 08/02/2009 05:13:26 Edited by: Malakai0 on 08/02/2009 05:12:46 The dollar is probably the next most unstable "western" currency =( =( =( edit: Icelanders should be demanding their government goes to the gold standard, the gov and banks are obviously quite incapable of managing a pure paper currency. They all are in the long run. I suggest Ron Paul's "Gold, Peace, and Prosperity"! Or Murray Rothbard's "What has government done to our money?" Or Ayn Rand's "Capitalism: The Unknown Ideal" for several essays on gold, including that of a young Fed Chairman before the fact ;) Actually, the dollar has strengthened against every other currency in the world because in times of turmoil, everyone wants to be US.
Sharra Savente The Scope	Posted - 2009.02.08 17:22:00 - [26] The very first parliament session I watched on C-SPAN (it was a Sunday night thing), was one of the first for Blair. About 15 minutes into a white paper, someone said something about his mother. I was hooked from then on. Sure, it was as orchistrated as pro wrestling, but I had to laugh. Robin Williams talked about them a few years later.... 2 drink minimum indeed
Sharra Savente The Scope	Posted - 2009.02.08 17:31:00 - [27] If we went back to the gold standard.... Let's see. All the industrial uses for gold, skyrocketing the cost to make those items (electronics,cleaning processes etc). CHECK. Remove nearly all currency in circulation for the entire world, because at current prices, all the gold EVER MINED would only value at 5 trillion US dollars. CHECK. Add silver in, in hopes of attempting to stop an enormous resulting depression, skyrocketing everything that needs silver to be made (along with industrial cleaning processes), making hyperinflation even worse. CHECK. Some as above with copper, going back to real copper pennies (because we all know that copper piping in our houses doesn't cost enough as it is, HONEST)... more hyperinflation.. CHECK.
Seroquel	Posted - 2009.02.08 17:41:00 - [28] That doesn't sound too bad. Originally by: Sharra Savente If we went back to the gold standard.... Let's see. All the industrial uses for gold, skyrocketing the cost to make those items (electronics,cleaning processes etc). CHECK. Remove nearly all currency in circulation for the entire world, because at current prices, all the gold EVER MINED would only value at 5 trillion US dollars. CHECK. Add silver in, in hopes of attempting to stop an enormous resulting depression, skyrocketing everything that needs silver to be made (along with industrial cleaning processes), making hyperinflation even worse. CHECK. Some as above with copper, going back to real copper pennies (because we all know that copper piping in our houses doesn't cost enough as it is, HONEST)... more hyperinflation.. CHECK.
Pan Crastus Anti-Metagaming League	Posted - 2009.02.08 20:20:00 - [29] Originally by: Seroquel That doesn't sound too bad. Originally by: Sharra Savente If we went back to the gold standard.... Let's see. All the industrial uses for gold, skyrocketing the cost to make those items (electronics,cleaning processes etc). CHECK. Remove nearly all currency in circulation for the entire world, because at current prices, all the gold EVER MINED would only value at 5 trillion US dollars. CHECK. Add silver in, in hopes of attempting to stop an enormous resulting depression, skyrocketing everything that needs silver to be made (along with industrial cleaning processes), making hyperinflation even worse. CHECK. Some as above with copper, going back to real copper pennies (because we all know that copper piping in our houses doesn't cost enough as it is, HONEST)... more hyperinflation.. CHECK. OTOH if tooth gold becomes more expensive, people will eat more soup, which is cheaper, so less inflation.
ShadowMaiden Amarr Metal Machine	Posted - 2009.02.08 20:27:00 - [30] Wow, didn't know eve had so many economics experts posting on the forums.

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