New businesses are popping up at a staggering rate around Los Santos, with investor confidence seemingly reaching an all time high. Logistics enterprises, weapons manufacturing, and pharmaceuticals have seen the largest gains, with economists suggesting record low interest rates are responsible for the unprecedented economic boom.
Phoenix LLC is just one example of this recent trend, with reported sales of more than five million dollars this last week alone. We asked their CEO and majority shareholder KemiKalEngineer to explain the recent uptick in business:
"How confident did you feel setting up Phoenix LLC and making a full 111 crate cargo sale in the lobby?"
Actually I sourced it in a Nat test lobby, I didn't want to keep a CEO slot for myself for a long time. Then sold it in PGAM lobby. I got a nice 17% bonus.
"Any idea how much you got in total?"
5,194,800 GTA$. I was a little greedy to get as much bonus as I can. The sourcing took around 10 hours
"So you must've been confident that the lobby was safe for the sale?"
Of course, lagdog was there so its super safe. Also it's safe most of the time.
Like KemiKal, most investors remain positive, however there have been warning calls from regulators in the Justice Rep team that demand for business licensing is starting to outpace supply. Rules state that only 10 businesses can operate in a lobby at any given time, and once this limit is reached, it places a moral burden on each enterprise to contribute towards their share of member employment opportunities.
As investors continue to roll in, there has been a marked increase in the number of 'solo CEOs'. These 'one man band' operations have been allowed to continue to this point, however there are growing fears that an employment crisis could emerge if it continues much longer.
It's been shown that in the worst case scenario, a full lobby with 10 solo CEOs would produce an unemployment rate of 62.5%. Though unlikely, such an eventuality can lead to political instability or the introduction of draconian, anti-business regulations.
As the economy continues to grow, the PGAM Justice team is launching an awareness campaign to remind CEOs of their obligations to hire additional members when possible, or to regularly disband and allow for a greater business turnover.
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