Tuesday 16 December 2008

The Economic Model with Cows!

SOCIALISM: You have 2 cows, so you give one to your neighbour.

COMMUNISM: You have 2 cows. The State takes both and gives you some milk.

FASCISM: You have 2 cows. The State takes both a! and sells you some milk.

NAZISM: You have 2 cows. The State takes both and shoots you.

BUREAUCRATISM: You have 2 cows. The State takes both, shoots one, milks the
other, and then files the milk away...

TRADITIONAL CAPITALISM: You have two cows. You sell one and buy a bull.
Your herd multiplies, and the economy grows. You sell them and retire on the
income.

SURREALISM: You have two giraffes. The government requires you to take
harmonica lessons.

AN AMERICAN CORPORATION: You have two cows.
You sell one, and force the other to produce the milk of four cows.
Later, you hire a consultant to analyse why the cow has dropped dead.

ENRON VENTURE CAPITALISM: You have two cows.
You sell three of them to your publicly listed company, using letters of
credit opened by your brother-in-law at the bank, then execute a debt/equity
swap with an associated general offer so that you get all four cows back,
with a tax exemption for five cows.
The milk rights of the six cows are transferred via an intermediary to a
Cayman Island Company secretly owned by the majority shareholder who sells
the rights to all seven cows back to your listed company.
The annual report says the company owns eight cows, with a! n option on one
more.
Sell one cow to buy a new president of the United States , leaving you with
nine cows.
No balance sheet provided with the release. The public buys your bull.

A FRENCH CORPORATION: You have two cows.
You go on strike, organise a riot, and block the roads, because you want
three cows.

A GERMAN CORPORATION: You have two cows.
You re-engineer them so they live for 100 years, eat once a month, and milk
themselves.

AN ITALIAN CORPORATION: You have two cows, but you don't know where they
are. You decide to have lunch.

A RUSSIAN CORPORATION: You have two cows.
You count them and learn you have five cows. You count them again and learn
you have 42 cows.
You count them again and learn you have 2 cows. You stop counting cows
because you're sobering up and open another bottle of vodka.

A SWISS CORPORATION: You have 5,000 cows. None of them belong to you.
You charge the owners for storing them.

A BRITISH CORPORATION: You have two cows. Both are mad.

AUSTRALIAN CORPORATION: You have two cows.
Business seems pretty good. You close the office and go for a few beers.

WELSH CORPORATION: You have two cows. The one on the left looks very attractive.

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