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Message: <blockquote data-quote="HRA" data-source="post: 5101807" data-attributes="member: 6136"><p><span style="color: Sienna"><strong>This is advanced economics for you.</strong></span></p><p><span style="color: Sienna"><strong></strong></span></p><p><span style="color: Sienna"><strong>Brilliant!!</strong></span></p><p><span style="color: Sienna"><strong></strong></span></p><p><span style="color: Sienna"><strong></strong></span></p><p><span style="color: Sienna"><strong></strong></span></p><p><span style="color: Sienna"><strong>It is the month of August, on the shores of the Black Sea. It is</strong></span></p><p><span style="color: Sienna"><strong>raining, and the little town looks totally deserted. It is tough   times,</strong></span></p><p><span style="color: Sienna"><strong>everybody is in debt, and everybody lives on credit.</strong></span></p><p><span style="color: Sienna"><strong></strong></span></p><p><span style="color: Sienna"><strong>Suddenly, a rich tourist comes to town.</strong></span></p><p><span style="color: Sienna"><strong>He enters the only hotel, lays a 100 Euro note on the reception</strong></span></p><p><span style="color: Sienna"><strong>counter,   and goes to inspect the rooms upstairs in order to choose one.</strong></span></p><p><span style="color: Sienna"><strong>The hotel proprietor takes the 100 Euro note and runs to pay his debt</strong></span></p><p><span style="color: Sienna"><strong>to  the butcher.</strong></span></p><p><span style="color: Sienna"><strong>The butcher takes the 100 Euro note, and runs to pay his debt to the  pig  grower.</strong></span></p><p><span style="color: Sienna"><strong>The pig grower takes the 100 Euro note, and runs to pay his debt to</strong></span></p><p><span style="color: Sienna"><strong>the   supplier of his feed and fuel.</strong></span></p><p><span style="color: Sienna"><strong>The supplier of feed and fuel takes the 100 Euro note and runs to pay</strong></span></p><p><span style="color: Sienna"><strong>his   debt to the town's prostitute that in these hard times, gave her   "services" on credit.</strong></span></p><p><span style="color: Sienna"><strong>The hooker runs to the hotel, and pays off her debt with the 100 Euronote</strong></span></p><p><span style="color: Sienna"><strong>to the hotel proprietor to pay for the rooms that she rented when she   brought her clients there.</strong></span></p><p><span style="color: Sienna"><strong>The hotel proprietor then lays the 100 Euro note back on the counter   so</strong></span></p><p><span style="color: Sienna"><strong>that the rich tourist will not suspect anything.</strong></span></p><p><span style="color: Sienna"><strong></strong></span></p><p><span style="color: Sienna"><strong>At that moment, the tourist comes down after inspecting the rooms, and   takes his 100 Euro note,  </strong></span></p><p><span style="color: Sienna"><strong>after saying that he did not like any of the   rooms, and leaves town.</strong></span></p><p><span style="color: Sienna"><strong>No one earned anything.  However, the whole town is now without debt,   and   looks to  </strong></span></p><p><span style="color: Sienna"><strong>the future with a lot of optimism.....</strong></span></p><p><span style="color: Sienna"><strong></strong></span></p><p><span style="color: Sienna"><strong>And that, ladies and gentlemen, is how the United States & UK Governments are   doing business today.</strong></span></p></blockquote><p></p>

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