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Economics Simplified

 

In a small town on the South Coast of France, holiday season is in full swing, but it is raining so there is not too much business happening. Everyone is heavily in debt, depressed by the global financial crisis.

Luckily, a rich Russian tourist arrives in the foyer of the small local hotel. He asks for a room and puts a Euro100 note on the reception counter, takes a key and goes to inspect the room located up the stairs on the third floor.

The hotel owner takes the banknote in hurry and rushes to his meat supplier to whom he owes E100.

The butcher takes the money and races to his wholesale supplier to pay his debt.

The wholesaler rushes to the farmer to pay E100 for pigs he purchased some time ago.

The farmer triumphantly gives the E100 note to a local prostitute who gave him her services on credit.

The prostitute goes quickly to the hotel, as she owed the hotel for her hourly room use to entertain clients.

At that moment, the rich Russian is coming down to reception and informs the hotel owner that the proposed room is unsatisfactory and takes his E100 back and departs.

There was no profit or income. But everyone no longer has any debt and the small town people look optimistically towards their future.


BINGO! THE SOLUTION TO THE GLOBAL FINANCIAL CRISIS!

Quotes for Today:

I have always wished that my computer would be as easy to use as my telephone. My wish has come true - I no longer know how to use my telephone.
Bjarne Stroustrup 


I have found the best way to give advice to your children is to find out what they want and then advise them to do it.
Harry Truman  


I have no luck with women. I once went on a date and asked the woman if she'd brought any protection. She pulled a switchblade on me.
 


¯\_(ツ)_/¯     ¯\_(ツ)_/¯




This can save your bacon

¯\_(ツ)_/¯



The idea is to die young as late as possible

Don't worry about old age, it doesn't last that long.

Every now and then I throw in one of those typos to see who's paying attention :-)

Give me the grace to see a joke, to get some humor out of life and smiling it on to other folk.

Have a great Day and Laugh, "Do not regret growing older. It is a privilege denied to many".

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