[EU4] Planned Bankruptcy Guide (Bankruptcy as a way to Prosperity) | EU4 ABC

[@ZlewikkTV]

Feel free to join our new Facebook group: facebook.com/groups/Zlewikk. If you would like to talk to me, ask some questions and play together, come to my Discord channel: discord.gg/NAys3pf

[@demiryasar9272]

Thnx you. You should have more subscribers.

[@Tavertix]

Zlawikk make polish subtitles :)

[@ZlewikkTV]

We are on the good way, 10k since April :)

[@botondmarton6358]

Hy zlewikk can you answer my pls. I want a nepal run . If i start as Bengal can i culture convert and form nepal ? Or better to start some nepalian minor and for it. Thx :-P

[@ZlewikkTV]

You can culture switch, but there will be more fun starting as Gorkha

[@szymonkoruba2875]

Everybody: try to keep their budget in good condition Spain in the XVII century:

[@kevinboros7427]

Spain: I'm gonna do what's called a pro gamer move.

[@sephikong8323]

Bankers : Hey Spain, remember these loans you took from us ? Now it is time t..... Spain : You activated my trap card

[@cokolwiwknaprawde7047]

jebawka sekcja wargames pozdrawia

[@ultimosdefensoresdeeuropa8400]

Yes Spain,fighting in 1000 fronts...

[@Jose_Pecina]

@@ultimosdefensoresdeeuropa8400 Solo tenían que darle autonomía o independencia a los Paises Bajos, las toneladas de oro invertido en la guerra de los 80 años pudo haber sido usado con fines mas beneficiosos, Holanda fue la perdición de España xd

[@russianivan9651]

Zlewikk is starting to sound like a German governor during the Weimar Republic

[@marcnassif2822]

They never went bankrupt. They had hyperinflation, which actually would come from this strategy of taking out dozens of loans. Oops

[@MrSaywutnow]

@@marcnassif2822 Actually, what happened is Weimar thought they could pay off their debts by debasing their currency. Somebody forgot to tell them about corruption. Too bad Weimar wasn't Sunni muslim with tons of Legalism.

[@a.s.7936]

@@MrSaywutnow This would never have happened if they wouldn't have run out of Discipline and Manpower/Cash for armies and mercs during the Weltkrieg.

[@ammarhaziq919]

Effects of loan and debase should be switched, debase currency is the most causes of inflation in history especially during EU4 eras in 15th century, Weimar republic got their massive inflation because of debasing currency, and loans always cause corruptions since when you owe someone you always do favor for him even sometimes breaking the law, loans are one of the biggest causes of corruptions even in current state of the world.

[@dragondasher8721]

Omg stop spoiling, i haven’t gotten past WW l

[@mikiiii9059]

Inflation is just a number A small loan can't hurt you :kappa:

[@abrvalg321]

We should send this video to Greek president.

[@migukmoonpark4312]

@Mlgamer21 Ehem. It's nice to be in *ISTANBUL* today.

[@itzsunflame5345]

Yes

[@enocoj7585]

Im greek and you are true

[@gaspy6059]

I remember in my first Italy run i got 2 loans and immediately pressed the bankrupt button because I thought I wouldn't be able to pay them.

[@gaspy6059]

@Angry Abortion more money for the pasta god

[@SatsuJ-db6vy]

@DeeDoubleU Actually taking loans is better when you've high income. For buildings at least. You won't have to worry about interest because you're rich anyways and you get more income faster

[@kyallokytty]

@@SatsuJ-db6vy at high income levels one loan might mean 10 ducats of interest Its not worth

[@exantiuse497]

SatsuJ Taking loans to build buildings that make money is almost never a good idea. The base yearly interest is 4%, meaning if you wanted to take loan to, e.g., buy a manufactury for 500 gold, in order to be worth it the manufactury would need to generate 20 extra gold in the time it would normally take you to acquire that 500 gold without taking loans (e.g. if your surplus is 20/month it would take 25 months or 2 years 1 months, which means the manufactory would need to produce .8/months for it to be worth it). Meaning the richer you are the more the investment needs to make to be worthwhile. And takikg loans causes inflation which costs admin points to remove

[@DieFrauAmHerd]

@@exantiuse497 Normally you would be right. But you have to always consider the situation. Sometimes one manufactory gets you to be lead producer of a trade good, sometimes you need that manu for the instition spawn/spread. Sometimes you are planning to go bancrupt anyway. But most importantly you need to think when they manu pays itself AND the interest AND the inflation of. You have almost 400 years ingame time. And then there are all the modifiers like completing the mission for construction time and cost which makes it even more worth to build it since it pays off sooner coz it didnt cost as much and didnt need as much time to built. Or when you have eco ideas to the inflation point so infaltion just doesnt matter that much and even interest reduction. There are TONS of scenarios where its worth to do that. so its almost always a good idea when you just check the situation or rather prepare there. Also not only does it boost your production money but your trade money as well. and when its finished it makes it easier to repay your loan anway, it can single handedly (depending on how efficient it is) pay of the interest

[@Mat-cf7xj]

*GREECE WANTS TO KNOW YOUR LOCATION*

[@ShadowMinnie]

I play as Venezuela and it doesn't work :(

[@tishafeed8085]

i started as zimbabwe and i actually had to change the colour of my ducats for this strategy to work

[@TheKarofaar]

No truce with your enemies

[@noaccount4]

You forgot strong allies & truce with your neighbours / enemies

[@hochmeisterdamak1060]

planning to go bankrupt is like planning to pull an allnighter for school

[@jaronanderson9168]

So basically play the way Greece plays today.

[@cledon.]

Kinda, except Greece doesn't even invest...

[@cledon.]

:(

[@Torsengi]

Just like historical france 👍 if you have too many loans, just cut the heads of the bankers 👌 thats how you become one of the most trustable country in the world by banks.

[@raptorhacker599]

Lol

[@ardaisk1668]

Doru

[@hoyinching9313]

I really thanks for this guide. I do a morocco campaign and try a planned bankruptcy in very hard mode. Because in very hard mode, you can't ally Aragon, Ottomans and France early on, I had to rush through Iberia. I make many mercenary infantry to fight due to low manpower as morocco . Before bankrupt, I develop all in coastal province, so that I can steal and hold more warships. After war with Portugal, Castile and Aragon, I keep 15 warships, naval force limit like 25. I ally Zlemcen and Tunis for defense to make sure no one want to fight me during bankruptcy. And yes, right after bankruptcy, pleasant war is very easy to occur, However, it is not a problem, because I already have -3 stability, -100 prestige and 0 legitimacy. Finally, I accept pleasant offer to end pleasant war quickly. Right after 5 years recover, I see AI Portugal and Castile always try to avoid bankrupt, so they struggle but still bankrupt. I attack them separably and it was very successful. I think it is a example of necessity planned bankruptcy.

[@d4s0n282]

huh, very interesting and cool

[@hoyinching9313]

@@d4s0n282 Yes, another necessity planned bankruptcy is when I play Serbia in patch 1.33. I use all merc companies to fight Ottomans. Ottomans in very hard are pretty powerful. They could resist me, Hungary, and Lithuania at the same time. Without planned bankruptcy, the second reconquest war will be costly, since repaying loans are nasty

[@hoyinching9313]

Maybe Sus campaign in the very hard game also needs necessity planned bankruptcy. Iberian can't attack morocco early on. My only ally is Tlezcen. I have to attack Tunis first but at that time, the loans are huge already. This guide is amazing.

[@ahmerjadoon7680]

Zlewik I remembered what you did in ottomans saving ruined campaign

[@obamagaming3802]

This video was made by soviet economists during the 80s

[@s.v.848]

Very underrated comment, on so many levels.

[@hansmercier2809]

I usually try to time planned bankruptcy with very old ruler or during regency for soon to turn 15 heir because the change of ruler will get legitimacy back to 100 instantly (with strong claim) which also help with rebels and with regaining prestige.

[@secundusytp4517]

"Bankruptcy is a good thing" French Monarchs in the Middle Ages: *Heavy breathing*

[@Lolman-yr8sv]

what would i do without you Zlewikk. You just single handly saved my iron man game as Great Brittain haha xD

[@wilkic2]

I did this in my Ethiopia campaign to beat the Ottomans and stay alive and eventually win big concessions. Went nuts with mercs, way over my forcelimit, etc.. Rare strat, but a useful one to be sure.

[@sanderleander3367]

Oh and getting a civil war can actualy do you good in bankruptcy. You get all legitimacy back by losing the civil war, aswell as stability (i think). On the cost of prestige though. Oh i forgot max army is the most important part of it, so after you go bankrupt consolidate and let civil war start(if you are able to).

[@secundusytp4517]

Ah yes, the declaring bankruptcy and starting a civil war strategy. Much liked used by the Romans

[@PhilliesNostalgia]

Nobody during COVID: US Senate Majority Leader Mitch McConnell: Lets apply that to our states

[@mr.h1912]

i dont really know how to thank u zlewikk all i can is leaving comment and like but its not enough :(

[@ZlewikkTV]

That's a lot. Thank you!

[@Nekoheme]

Tip: 1. If you select the state general gov reform and declare bankruptcy right before/ during the election, you can instantly recover your legitimacy to 95. 2. If you have boosted your absolutism near the cap, your absolutism will drop significantly. So during 3rd age, you should either not go bankrupt/ bankrupt before absolutism gets high/ bankrupt and activate the revolution as the purpose. 3. In the preparation stage, you can maintain a small size of the army so that you can borrow more loans to build your economy, and just build an army and navy right before bankruptcy. 4. You can debate currency for any miscalculation or emergent situation. (e.g. your income dropped for a few months)

[@unlimitedpower978]

Thank you for the video Tommy Wiseau

[@Wefrynus]

It's time to test this bancruptcy out! That's only a cash :D I remember i went bankrupt when trying to beat ottomans as byzantium when they was so close to siege constantynopole. I went bancrupt and got full anexed. It was so unplanned! XD

[@duncanvanling]

This is epic Hashito, 2019

[@astral9138]

As a new Player this is very helpful.

[@Nariaki-zi2dv]

your guide is very helpful for my eu4 life.thx!

[@one_love3145]

Thanks for guide comrade!! ❤❤

[@Angloic]

How to get free money: Get a lot of loans Bankrupt and wait 5 years FREE MONEY

[@anlamsiz0]

Maduro liked this video.

[@IvanIvanov-gb5zx]

Nice guide, could you please do a guide on Frozen assets achievment or a Bulgaria guide , the achievment sounds tricky and interesting and i think that the awesome bulgarian ideas should be know

[@economicserfdom4087]

I had fear of bankruptcy because I didn't uped stability so I would declare and rebels kill me, now I always use to get institutions faster

[@DiamondTurtleGamer]

can't lie. I've stragetic bankrupt a ton. 4 times in my Rome campaign. Mostly early on bc later on I had such a big income. Don't need any more bankruptcys lol

[@lukh6667]

Really useful, thanks

[@sergeantmajor_gross]

Makes sense. I almost never go bankrupt though.

[@DaGaJbmKojJe]

I have 48% inflation 4000g debt 10 corruption 72 income and i am making money if i lover army maintenance with maxed rooting out corruption in 1515, should i plan bankruptcy or just continue playing normally. I also have trade goods expanded so i could get like -1000 diplo points and maybe get new goods in mountain areas

[@demiryasar9272]

Tnx you Zlewikk.

[@eLeft6]

Aw man... I tried going bankrupt to boost my economy without watching this video. I spent almost all my money on building every thing that would make me a profit and immediately after everything was built i went bankrupt. God dammit. Need to retry.

[@Yargasblarg1]

I did this like 3 times back to back in a Korea campaign and got huge but the 40% inflation i got to really made things hard.

[@ZlewikkTV]

With high inflation (I thing 30%+) you get estates diet that asks you to decrease inflation down to 15%. In exchange you get another -10% inflation as well as other bonuses. Really powerful and let's you deal with inflation very quickly

[@Yargasblarg1]

@@ZlewikkTV thanks for responding on an old video. Is it worth it to take the estate that gives you -inflation but +power cost?

[@n.m.9616]

More details are needed. The number of loan must be optimised, the player must be able to stand for (time to build + 5 years) and avoid forced Bankruptcy du to interest and loan limit.

[@ZlewikkTV]

This is super case to case and as far as I remember that was mentioned in the video

[@DDanskAuxiliaerkorps]

i went bankrupt after war with UK and all the colonies and also the netherlands and their colonies and i had a few allies but far away that was Hungary and they did aid but i lost all my manpower and all my money i have Denmark Slesvig Holstein Sweden Norway and few parts of Estonia it was going just fine before they atacked.... i just cant counter cause their navy is way stronger and so is their econemy to the east i have Muscowy looking at me and i do not like that.....

[@eniotanaka2229]

What about building world ports?

[@hoyinching9313]

If the ai is strong, the cases of necessary planned bankruptcy increases. In my scotish game. English has 50k troops. Without mercs, you can't make a tie. I killed them early on, so i could do France later

[@luigimarialuna648]

Argentina: hold my Mate.

[@ogulcanucar5021]

I tried it and failed because all adm, dip and mil powers decreased to -100 thats why I couldnt avoid the rebels. I lost all regions in Balkans (I was playing as Ottoman).

[@mycure0498]

Watching this in 2021 hits a little different

[@ZlewikkTV]

Why so? :p

[@mycure0498]

@@ZlewikkTV The real world economy ain’t looking too good

[@savageantelope3306]

So from a new player, how TF do you avoid loans???!!!! I just always automatically take them out

[@randomperson6988]

Florrynomics

[@demiryasar9272]

Zlewikk can you make the byzantium guide to roman empire.

[@MrSaywutnow]

BudgetMonk has an excellent video on how to get a great start as Byzantium. The video was made in the 1.28 patch, but the strategy he describes still works in 1.29. It is challenging, though, and may require a couple of restarts.

[@michaeljamesbart]

@@MrSaywutnow basically take budget monks video+ this bankruptcy guide for byzantium start.

[@Lord7979]

Good video

[@TheSmashir]

i'm actually at -600€ in my bank account and to cope i'm watching this video

[@PortugueseBall]

Cool! Putin has probably watched your tutorial and is now testing if it works

[@fredricknoe3114]

Hey could you please do a guide for the no trail of tears achievement?

[@dimitriskaintasis2527]

So basically do a 5 year plan

[@damiang6644]

Is it work on 1.31.3?

[@ZlewikkTV]

Oh yeah, always does :)

[@martinbergsten1219]

Does it work in real life?

[@scroogietw6878]

A suggestion, maybe put "Guide" in the title so people maybe find it easier

[@ZlewikkTV]

But there is 'Guide' in the title xd

[@scroogietw6878]

@@ZlewikkTV lol im so blind nvm xD

[@Kyryyn_Lyyh]

epic manuever,

[@SebHaarfagre]

_"Development removes devastation at 5% per point (with adjustment according to local autonomy)."_ I can't find any information anywhere on how autonomy is relevant to this. As usual, the wikis are extremely lacklustre or ambiguous on anything but the basics. Does anyone know? Anyways, you can exploit before developing to help reduce the the long-term economic/administrative consequences of a bankruptcy. I've never really done that myself, though, and I've never induced a bankruptcy either, because I don't see the point. I could see the point if you know you're going to go into a harsh economic period. But I've just never done that, because of other micro-management... same goes for war etc. I can understand/see the nescessity of this in multiplayer. Not in single player, though, I consider it absolutely pointless and useless there. Just play properly and you won't need any induced bankruptcy to fill all your building slots or wreck AI. Of course, the exception would be small nations, with like 5-10 provinces (any less wouldn't make any sense in regards to bankruptcy), however, who on earth have 5-10 provinces only by the time of manufactories. Regardless of nation.

[@gordonproductions284]

United states in nutshell tutorial

[@doctordrizzles1281]

Dam and I just went bankrupt on a multiplayer a few days ago

[@awkward7777]

If this was real Greece would have been a superpower

[@musicrum5944]

My question is, Who won the war in 1941-1945?

[@tramachi7027]

8/10 Worked for me perfectly...Sadly a mustache man decided to fuck me over :(

[@davidrafael9422]

Now in Spanish Ahora en español, saludos desde Perú

[@negroespia9488]

Antes de ir en bancarrota: Prepárate 10 años antes Tener treguas con tus enemigos Hacerte de aliados y mejorar relaciones a mas de 170 con estos. Construir manufacturas/zonas francas lo mas que puedas Después de irse a bancarrota: Evitar guerras Evitar préstamos a toda costa Mantener los fuertes activados

[@davidrafael9422]

@@negroespia9488 gracias

[@thorpet6412]

Florry is that you? One more loan btw.

[@imperion8238]

Every time i try to Even start a game i get SPAMMED with Loan messages. Its so fucking annoying. The developers of this game havent thought about new players at all. Shit game.

[@ignar_]

Mmm... Це not bad video

[@charow2638]

Nobody : Greece :

[@szymoncurzydo4207]

You should advise to the Polish goverment (we will all die)

[@ValeDrake78]

Ad italian subtitles

[@otyri]

Didn’t work, I was still loosing money

[@olaff9771]

Make more money.

[@nolife1990]

nie chcę być nie miły ale błagam dodaj jak możesz polskie napisy bo jest mi ciebie tak ciężko zrozumieć przez sposób twojej wymowy, że aż głowa boli

[@maciejolejarz1608]

PiErWszY FiRst

[@SuperPagt]

Nah bankruptcy is just too much of a hassle

[@kanak9305]

See? I TOLD you socialism works!

[@HenriqueRJchiki]

This is so cringe they should raise bankrupt debuff to like 50 years

[@devinmiller9765]

Oh my god stop with the editing side to side, it is really annoying

[@maciejsroczynski1146]

.

[@philippemaquin4199]

Worst idea ever :')

[@paritoshd]

Adapted from chapter 11 of Donald Trump's "The Art Of The Deal"

[@dlugi4198]

Donald J trump furiously took notes to this video.