The Protectorate of Racolt is a huge, safe nation, renowned for its irreverence towards religion, suspicion of poets, and complete absence of social welfare. The hard-nosed population of 706 million Racoltians are fiercely patriotic and enjoy great social equality; they tend to view other, more capitalist countries as somewhat immoral and corrupt.

The relatively small government juggles the competing demands of Defense, Law & Order, and Industry. The average income tax rate is 16.7%, but much higher for the wealthy.

The sizeable but inefficient Racoltian economy, worth 32.5 trillion bitcoins a year, is broadly diversified and led by the Tourism industry, with major contributions from Beef-Based Agriculture, Uranium Mining, and Cheese Exports. State-owned companies are common. Average income is 46,030 bitcoins, and evenly distributed, with the richest citizens earning only 2.1 times as much as the poorest.

The government seizes all major gold finds, viewers get headaches from trying to read the screen full of small print warnings that precede most TV shows, tourists are denied entry because of a distant relative married to a Lilliputian, and Mr Happy's Funland has just been named Racolt's new capital. Crime, especially youth-related, is totally unknown, thanks to a capable police force. Racolt's national animal is the beaver.

Racolt is ranked 204,087^th in the world and 22^nd in The Wave Experience for Highest Average Incomes, with 46,030.41 Standard Monetary Units.