How Global Stimulus Works!!!!
08-17-2009, 01:27 PM
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It is the month of April, 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 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 UK Government under PM Brown is doing business today.
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 UK Government under PM Brown is doing business today.
08-17-2009, 01:35 PM
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brilliant!
that would be possible if EVERYONE in the economic system was in debt to eachother for an identical amount, which is highly unlikely. anyway, in the end, the hotel clerk was now out 100 euros
however, i still think that story is brilliant
that would be possible if EVERYONE in the economic system was in debt to eachother for an identical amount, which is highly unlikely. anyway, in the end, the hotel clerk was now out 100 euros
however, i still think that story is brilliant
08-17-2009, 03:08 PM
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WOW, very entertaining little "story" there!! 
A bit disconcerting too, I might Add! 
A bit disconcerting too, I might Add!
08-17-2009, 03:15 PM
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Excellent!
08-17-2009, 03:30 PM
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Originally Posted by Rislar' post='979929' date='Aug 17 2009, 04:28 PM
I thought id lighten up Politics if thats possible
Mission accomplished, and it would be hard to get an arugment going - havn't had THAT is a political thread
08-17-2009, 03:34 PM
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Originally Posted by pjinca' post='979935' date='Aug 18 2009, 12:30 AM
Mission accomplished, and it would be hard to get an arugment going - havn't had THAT is a political thread
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