Oct 7, 2011



It’s 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 1000 Euro note on the reception counter, and goes to inspect the rooms upstairs in order to choose one.

The hotel proprietor takes the 1000 Euro note and runs to pay his debt to the butcher. The butcher takes the 1000 Euro note, and runs to pay his debt to the pig grower. The pig grower takes the 1000 Euro note, and runs to pay his debt to the supplier of his feed and fuel. The supplier of feed and fuel takes the 1000 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 1000 Euro note to the same hotel proprietor to pay for the rooms that she rented when she brought her clients there.

The hotel proprietor then lays the 1000 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 1000 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 is doing business today !!

1 comment:

Wahyusamputra said...

The rumors that oil is in a glut, not a shortage, appear confirmed as the price sinks to $82.

Utah’s move to approve gold and silver as currencies, as in the US constitution, said to be backed by the Mormon church with considerable holdings, may give congress a problem when it returns from Israel.

For those interested in the mysterious workings of the currency market, one factor affecting the strongest EU economy, Germany, should be remembered. While the country had its own currency, the DM, any economic success strengthened the currency and handed immediate competitive advantage to its rivals; when those rivals are using the same currency, the Euro, that trap is eliminated.

(Berlusconi of Italy and Sarkozy of France seem certain to lose their upcoming elections, as does Howdy Doody and for the same reasons – they’re useless.)

The UN anti-Syrian resolution was vetoed by both China and Russia. No one was willing to see a repeat of the Libyan fiasco, where a UN resolution was deliberately misinterpreted to allow a massive NATO attack on a country that had given its entire population a standard of living westerners can only dream about.

(That the ‘new rulers’ of the country, fulsomely praised by all the FCM (fawning corporate media) announced sharia law as the new legal foundation, and were headed by people previously on US terror lists, is one of life’s little ironies.)