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TheSelfishGene said:
... and its a Death economy, so your income will be constantly shrinking.
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But then so is Abysia's when you play with their standard death-2, and that doesn't start to have a really noticeable effect till turn 60 or so. Many of your provinces will not have any taxes for bloodhunting purposes as well.
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If you don't 'cross the Rubicon', militarily speaking, fairly early on, you die in a spiral of bankruptcy.
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At 0.2% dying per turn, you'll have lost ~12% of your income in your capital by turn 60. Most of your newer provinces will have lost more than that just due to bloodhunting.