Blorg Commonality declares bankruptcy after undocking fleet from spaceport

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The Blorg Commonality has filed for bankruptcy after undocking its 66-ship strong 1st Friend Fleet from its home spaceport.

The fungoid space-nation is one of the cluster’s largest economies, but has struggled to maintain positive energy credit flow after running out of influence to renew a capacity overload edict last month.

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The 1st Friend Fleet was undocked to assist combating rogue mining drones in outer Blorg systems, but the move immediately incurred the treasury 31,465 energy per day for ship maintenance, more than 2000% of the Commonality’s daily GDP output.

The news casts a shadow over the long term viability of the Blorg Commonality, which is home to a population of roughly 1.3 trillion over-familiar pops.

Speaking earlier today, Blorg finance minister Crystal Smith told a press conference:

“I would like to reassure our populace that we have this situation under control.

We are currently looking into approving an emergency budget, which would include suspending non-essential services such as the military, basic utilities, food distribution, healthcare and education.”

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ANALYSIS
Ashley Easterbrook
The Commonality's energy crisis is bad not just for the local cluster, but also for the galaxy as a whole, as investors get jittery. And as civil unrest continues to grow, questions are rightfully being asked as to how this financial disaster could have happened.
While there are no clear answers, one thing is striking - this isn't just an energy crisis. It's an influence deficit crisis.
The Commonality was extremely reliant on producing extra energy from power plants via the Capacity Overload edict. This is a common form of economic policy pursued by most mid-level space-nations. Unfortunately the edit appears to have expired and the government couldn't afford to replace it.
So, where has all the influence been going? Only time will tell....

The Riggan Commerce Exchange, a trading enclave that forms part of the Galactic Banking Cartel, has stepped in to offer help. Public relations executive Mun'upoli told Xenonion News:

“As a giant, faceless banking conglomerate we have a duty to protect our brand image - which is why we have decided a random act of charity might be helpful.

We are willing to cover the Blorg Commonality's energy deficit for a discounted price of only 20,000 minerals per month for the next 400 months.”

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 Image: The Blorg Commonality has started a GoFundMe page to #KeepTheFleetOutOfDock

Image: The Blorg Commonality has started a GoFundMe page to #KeepTheFleetOutOfDock

As civil unrest grows across Blorg systems, the Commonality government has set up a Galactic GoFundMe page to assist with balancing its energy budget.

Stock markets have responded extremely negatively to the news, with the composite Space Exchange Index (SExI) shedding almost 3% of its value before close of trading today.

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