Economics

U will definitely enjoy this if you are reading it for the first time………

 

 

 

BRILLIANT WORLD ECONOMICS

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 is doing business
today.