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When west germany annexed east germany, nobody moved a finger too.
Problem I see is that the market for looms is kinda saturated.Most people rather sell their loom after retiring than actually heirloom stuff. This leads to an amount of cav and archery ingame which can't be in the interest of the game/gameplay.
The ones selling their loompoints will burn through the money they are spending on their heavy horses and plate faster then the buyers will make an extra ~500k. On top of that add in the ~25k tax for the transaction. We will get to a point where players won't have enough cash to keep buying looms and the price will continue to drop to the point that it isn't worth it. (LPs have already dropped 100k from about a month or two ago). (click to show/hide)Gold sink working as intended.
People still use shit from 12th century today, for example Microsoft Internet Explorer