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darrude

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Simples

This is advanced economics for you.

It is the month of August, on the shores of the Black Sea . It is

raining, and the little town looks totally deserted. It is tough

times,

everybody is in debt, and everybody lives on credit.

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 choose 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

so

that the rich tourist will not suspect anything.

At that moment, the 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 United States & UK Governments are

doing business today.

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Guest UK Debt Slave
Simples

This is advanced economics for you.

It is the month of August, on the shores of the Black Sea . It is

raining, and the little town looks totally deserted. It is tough

times,

everybody is in debt, and everybody lives on credit.

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 choose 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

so

that the rich tourist will not suspect anything.

At that moment, the 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 United States & UK Governments are

doing business today.

I posted the same piece a couple days ago

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Guest X-QUORK
I posted the same piece a couple days ago

It's been around for ages, but the OP is newish so haven't been too harsh.

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