Comments on: Eve To Flee Iceland?

By: Muckbeast

Muckbeast — Sun, 28 Dec 2008 08:26:02 +0000

Jade Falcon :
So, when is EA buying Iceland?

HAHAHAHAHAHAHAHA! Its funny because it seems plausible!

-Michael
Muckbeast – Game Design and Virtual Worlds
http://www.muckbeast.com

By: Jeff

Jeff — Fri, 26 Dec 2008 10:53:45 +0000

Does anyone else see the obvious solution to Iceland’s problem? Sell island to Activision/Vivendi, offer lifetime WoW subscription to Icelanders to pacify them, as well as free ticket to opening ceremony of forthcoming Wrath of the Lich King Theme Park (TM).

In related news, Ozzy gets new full time gig as the other Prince of Darkness, Arthas, reality show from Iceland insues.

By: Rog

Rog — Fri, 26 Dec 2008 00:19:15 +0000

I’m always glad to hear about EVE’s (& CCP’s) success, I see them as the champions of the niche market for subscription-based MMORPGs.

It must be trying times for them with Iceland’s economy so tanked. =/

I agree with dartwick’s perspective above. I don’t know much about Iceland’s infrastructure, but it does seem like a situation where globalization could have very strong negative impact on Iceland as a country. Economy and the good of the people is strongly linked, but the threshold hits when lives are in danger of almost literally being bought and sold. Wow, heavy stuff, it’s hard to wrap my head around it.

By: etherealwolf

etherealwolf — Thu, 25 Dec 2008 23:47:01 +0000

umm how do i change my comment avatar, it looks like he’s strung out on meth or something.

By: etherealwolf

etherealwolf — Thu, 25 Dec 2008 23:46:17 +0000

I’m sure the gov of Iceland is crapping themselves over the spectre of CCP’s possible departure. “OMG, there went 90% of our GDP” XD

By: Vetarnias

Vetarnias — Wed, 24 Dec 2008 00:30:58 +0000

I’m sure that somewhere on Goonsquad’s mothersite, plans are now being hatched to invade Iceland just for the fun of wrecking the place.

By: Jade Falcon

Jade Falcon — Tue, 23 Dec 2008 21:48:11 +0000

So, when is EA buying Iceland?

By: Tide

Tide — Tue, 23 Dec 2008 15:15:53 +0000

an other for the prediction thread I guess… http://terranova.blogs.com/terra_nova/2008/10/whither-mmo-eco.html

CCP has a huge debt note to the now consolidated bank(s) of Iceland. So they may have trouble extricating themselves. Particularly if the country’s taxpayers gave them any tax rebates.

“Assets
At year end 2007 CCP’s total assets amounted to USD 47,295,214, compared with USD 18,076,407 at year end
2006, an increase of USD 29,218,807, or 262%, since the beginning of the year. The increase is explained in part
by the bank note with Kaupthing. The proceeds from the bank note were mostly invested in market securities. [EEK!]

Liabilities and equity
CCP’s total liabilities amounted to USD 33,767,943 at year end 2007 compared to USD 8,526,258 at year end
2006.”

By: Jarnis

Jarnis — Tue, 23 Dec 2008 12:49:57 +0000

dartwick :
You may be mistaken Jarnis.
Iceland may be limiting capital investments because at the the current exchange rate you could buy and own pretty much all of Icelands infra-structure, resources and businesse – making Icelanders little more than renters and cheap labor.
This of course make no sense with respect to CCP since they are a multi-national service business.

Okay so Iceland’s troubles have gone a step further – because their foreign reserves were wiped out, that tanked their currency and… well, then it’s like you said.

I wonder if in the end they just give up with their mickey mouse money and adopt Euro – either officially or unofficially.

By: Bonedead

Bonedead — Tue, 23 Dec 2008 12:31:32 +0000

Uninformed :
Bonedead : I like how it took their professional economist dude twelve years to discover that uber dupe.
Said economist, Dr. EyjoG, joined CCP in June 2007. EVE Online was first released in May 2003. Where’s this “twelve years” figure coming from?

It's called exaggeration buddy.