Suddenly, a rich tourist comes to town.
He enters the only hotel, lays a 100 Euro note on the reception counter, and goes to inspect the rooms upstairs in order to pick one.
The hotel proprietor takes the 100 Euro note and runs to pay his debt to the butcher.
The Butcher takes the 100 Euro note, and runs to pay his debt to the pig grower.
The pig grower takes the 100 Euro note, and runs to pay his debt to the supplier of his feed and fuel.
The supplier of feed and fuel takes the 100 Euro note and runs to pay his debt to the town's prostitute that in these hard times, gave her "services" on credit.
The hooker runs to the hotel, and pays off her debt with the 100 Euro note to the hotel proprietor to pay for the rooms that she rented when she brought her clients there.
The hotel proprietor then lays the 100 Euro note back on the counter. At that moment, the rich tourist comes down after inspecting the rooms, and takes his 100 Euro note, after saying that he did not like any of the rooms, and leaves town.
No one earned anything.
However, the whole town is now without debt, and looks to the future with a lot of optimism.
And that, ladies and gentlemen, is how the Government is doing business today.
-Thanks to Johny who once put $100 on the bar, went to the loo and was never seen again.
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Isn't it more like:
ReplyDeleteA rich tourist comes to town, and puts a 100 euro note on the counter.
The hotelier, seeing his opportunity, takes out credit default swaps with the investment bank that employs the rich tourist for $10 each on the butcher, the pig grower, the fuel supplier and offers the hooker 50c on the dollar to assume the fuel suppliers debt.
He then refuses to pay the butcher, and refuses to rollover credit on fuel and feed suppliers account, bribing the local magistrate with $20 to force the fuel and feed supplier into bankruptcy.
The hooker gets $50, the magistrate $20, while the butcher, the pig grower, and the supplier of feed and fuel lose their entire businesses and are ruined, and the hotelier collects $300 from the bank that then fails, causing the rich tourist to lose his job.
The hotelier then purchases the only taxi business in town at a firesale price of $50, due to the depressed economy and uses his monopoly to charge the rich tourist $100 for his ride back to the airport.
The rich tourist is now broke, the hotelier ends up with $450 and everybody else gets to live in the street.
I think thats more like how the 'Government' is doing business today mate.