Maxus-MIFA9 Supersonic January 22, 2009 Share January 22, 2009 If you have difficulty understanding the current world financial situation, the following should help... Once upon a time in a village in India, a man announced to the villagers that he would buy monkeys for $10. The villagers seeing there were many monkeys around, went out to the forest and started catching them. The man bought thousands at $10, but, as the supply started to diminish, the villagers stopped their efforts. The man further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again. Soon the supply diminished even further and people started going back to their farms. The offer rate increased to $25 and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it ! The man now announced that he would buy monkeys at $50! However, since he had to go to the city on some business, his assistant would now act as buyer, on his behalf. In the absence of the man, the assistant told the villagers: 'Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when he returns from the city, you can sell them back to him for $50.' The villagers squeezed together their savings and bought all the monkeys. Then they never saw the man or his assistant again, only monkeys everywhere ! Now, welcome to WALL STREET. And now that is what's happening to the world finance crisis.... causing a big giant bubble brust....in thin air....... Cheers! ↡ Advertisement Link to post Share on other sites More sharing options...
Yeshe Turbocharged January 22, 2009 Share January 22, 2009 LOL Link to post Share on other sites More sharing options...
Acemundo Supercharged January 22, 2009 Share January 22, 2009 hehe good story.... wall street is operating on inflated profits and salary..... Link to post Share on other sites More sharing options...
Mustank Hypersonic January 22, 2009 Share January 22, 2009 economics and finance is not physics Link to post Share on other sites More sharing options...
macrosszero Turbocharged January 22, 2009 Share January 22, 2009 ......and guess who the villagers are? Link to post Share on other sites More sharing options...
Maxus-MIFA9 Supersonic January 22, 2009 Author Share January 22, 2009 ......and guess who the villagers are? same frequency here...... Link to post Share on other sites More sharing options...
Nkps 1st Gear January 22, 2009 Share January 22, 2009 If you have difficulty understanding the current world financial situation, the following should help... Once upon a time in a village in India, a man announced to the villagers that he would buy monkeys for $10. The villagers seeing there were many monkeys around, went out to the forest and started catching them. The man bought thousands at $10, but, as the supply started to diminish, the villagers stopped their efforts. The man further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again. Soon the supply diminished even further and people started going back to their farms. The offer rate increased to $25 and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it ! The man now announced that he would buy monkeys at $50! However, since he had to go to the city on some business, his assistant would now act as buyer, on his behalf. In the absence of the man, the assistant told the villagers: 'Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when he returns from the city, you can sell them back to him for $50.' The villagers squeezed together their savings and bought all the monkeys. Then they never saw the man or his assistant again, only monkeys everywhere ! Now, welcome to WALL STREET. And now that is what's happening to the world finance crisis.... causing a big giant bubble brust....in thin air....... Cheers! Link to post Share on other sites More sharing options...
Maxus-MIFA9 Supersonic January 22, 2009 Author Share January 22, 2009 (edited) So.... how your car sales market...... Want to deploy the above method ..... Edited January 22, 2009 by Picnic06 Link to post Share on other sites More sharing options...
Nkps 1st Gear January 22, 2009 Share January 22, 2009 So.... how your car sales market...... Want to deploy the above method ..... dun spread leh ↡ Advertisement Link to post Share on other sites More sharing options...
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