The Republic of IC-Water is a small, efficient nation, notable for its disturbing lack of elderly people, irreverence towards religion, and suspicion of poets. The hard-nosed, hard-working population of 36 million IC-Waterians are free to succeed or fail in life on their own merits; the successful tend to enjoy an opulent (but moralistic) lifestyle, while the failures can be seen crowding out most jails.

The medium-sized government prioritizes Industry, although Law & Order, Defense, and Healthcare are also considered important, while Spirituality and Welfare are ignored. Citizens pay a flat income tax of 17.4%.

The powerhouse IC-Waterian economy, worth 1.88 trillion Waters a year, is dominated by the Retail industry, with significant contributions from Pizza Delivery, Soda Sales, and Automobile Manufacturing. Black market activity is notable. Average income is 52,266 Waters, but there is a large disparity between incomes, with the richest 10% of citizens earning 219,912 per year while the poor average 8,060, a ratio of 27.3 to 1.

IC-Waterian watches are often the only thing to survive a disaster intact, a typical fast food menu item could serve a small army, bilingual IC-Waterians are viewed with suspicion, and an eye for an eye leaves IC-Water blind. Crime is a major problem, perhaps because of the country's complete lack of prisons. IC-Water's national animal is the Goldfish, which is also the nation's favorite main course.

IC-Water is ranked 154,523^rd in the world and 3,530^th in The North Pacific for Largest Insurance Industry, scoring 589.49 on the Risk Expulsion Effectiveness Rating.