Middle East Construction News – Construction Week Online

Home / BLOG / How the American Economy runs today


How the American Economy runs today

by Niranjan Mudholkar on Sep 1, 2009


  Be the first to comment
RSS Feeds Print this page



Came across this really interesting forward today. Thought I should share it with you.
'It is the month of August, on the shores of the Black Sea. It is raining, and the little town looks totally deserted. These are 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 sex worker that in these hard times, gave her services on credit. The sex worker 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.
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 & gentlemen, is how the United States is doing business today.'

Advertisement

COMMENT


Comment on this article



COMMENTS

Name *
Email *
City
Country
Subject: *
Comments: *
Math Question: *
Solve this simple math problem
and enter the result. E.g. for 1+3, enter 4.
Refresh the image if not clear
Remember me on this computer



NEWSLETTER SUBSCRIPTION
Email:

SUBSCRIBE TO MAGAZINES

Architect - India
Architect - India
Hotelier India
Digital Production India
Construction Week Online - Middle East
Arabian Supply Chain Middle East
Hotelier Middle East
Digital Production Middle East
Arabian Oil and Gas Middle East
Utilities middle east
MOST POPULAR
CONCRETE CALCULATOR
Thickness inches
Width feet
Length feet
Cubic Yards:
How many Pre-Mix Ready Mix Bags:
40# Bags:
60# Bags:
80# Bags:
Depth inches
Width inches
Length feet
Cubic Yards:
How many Pre-Mix Ready Mix Bags:
40# Bags:
60# Bags:
80# Bags:
Diameter inches
Height inches
Cubic Yards:
How many Pre-Mix Ready Mix Bags:
40# Bags:
60# Bags:
80# Bags:
Articles
ITP.com
Ahlan.ae Masala.ae Ahlanlive.com ArabianBusiness.com ArabianBusiness.com/Arabic ArabianBusiness.com/Jobs ArabianBusiness.com/Property ArabianOilandGas.com ArabianSupplyChain.com ArabianTravelDirectory.com ConstructionWeekOnline.com ConstructionWeekOnline.com DigitalProductionME.com Grazia.ae HotelierMiddleEast.com ITP.net TimeOutAbuDhabi.com TimeOutDubai.com TimeOutTickets.com Utilities-ME.com VivaMagazine.ae commsmea.com designmena.com