Reel Knotty
Member
There must be a catch somewhere!
Subject: The Greek bail out - explained
It is a slow day in a little Greek Village . The rain is beating down and the
streets are deserted. Times are tough, everybody is in debt, and everybody
lives on credit. On this particular day a rich German tourist is driving
through the village, stops at the local hotel and lays a e100 note on the desk,
telling the hotel owner he wants to inspect the rooms upstairs in order to pick
one to spend the night. The owner gives him some keys and, as soon as the
visitor has walked upstairs, the hotelier grabs the e100 note and runs next
door to pay his debt to the butcher. The butcher takes the e100 note and runs
down the street to repay his debt to the pig farmer. The pig farmer takes the
e100 note and heads off to pay his bill at the supplier of feed and fuel. The
guy at the Farmers' Co-op takes the e100 note and runs to pay his drinks bill
at the taverna. The publican slips the money along to the local prostitute
drinking at the bar, who has also been facing hard times and has had to offer
him "services" on credit. The hooker then rushes to the hotel and pays off her
room bill to the hotel owner with the e100 note. The hotel proprietor then
places the e100 note back on the counter so the rich traveller will not suspect
anything. At that moment the traveller comes down the stairs, picks up the e100 note,
states that the rooms are not satisfactory, pockets the money, and leaves town. No one produced anything. No one earned anything. However, the whole village is now out of debt
and looking to the future with a lot more optimism.
And that, Ladies and Gentlemen, is how the bailout package works.
Subject: The Greek bail out - explained
It is a slow day in a little Greek Village . The rain is beating down and the
streets are deserted. Times are tough, everybody is in debt, and everybody
lives on credit. On this particular day a rich German tourist is driving
through the village, stops at the local hotel and lays a e100 note on the desk,
telling the hotel owner he wants to inspect the rooms upstairs in order to pick
one to spend the night. The owner gives him some keys and, as soon as the
visitor has walked upstairs, the hotelier grabs the e100 note and runs next
door to pay his debt to the butcher. The butcher takes the e100 note and runs
down the street to repay his debt to the pig farmer. The pig farmer takes the
e100 note and heads off to pay his bill at the supplier of feed and fuel. The
guy at the Farmers' Co-op takes the e100 note and runs to pay his drinks bill
at the taverna. The publican slips the money along to the local prostitute
drinking at the bar, who has also been facing hard times and has had to offer
him "services" on credit. The hooker then rushes to the hotel and pays off her
room bill to the hotel owner with the e100 note. The hotel proprietor then
places the e100 note back on the counter so the rich traveller will not suspect
anything. At that moment the traveller comes down the stairs, picks up the e100 note,
states that the rooms are not satisfactory, pockets the money, and leaves town. No one produced anything. No one earned anything. However, the whole village is now out of debt
and looking to the future with a lot more optimism.
And that, Ladies and Gentlemen, is how the bailout package works.
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