Saturday, Aug 23, 2008

Beatrix Potter - Writes about the Credit Crunch.

creditcrunch: Beatrix Potter - Writes about the Credit Crunch.

Did you know the credit crunch phenomena is as old as the hills?
Here is an extract from a story written by Beatrix Potter around the time of the last great depression.
"
Ginger and Pickles gave unlimited credit.
Now the meaning of "credit" is this--when a customer buys a bar of soap,
instead of the customer pulling out a purse and paying for it--she says
she will pay another time.
And Pickles makes a low bow and says, "With pleasure, madam," and it is
written down in a book.
The customers come again and again, and buy quantities, in spite of being
afraid of Ginger and Pickles.
But there is no money in what is called the "till."
"

Posted by waittobuyer @ 04:46 PM (117 views) Add Comment

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