| The Bailout Explained |
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| Written by Administrator |
| Friday, 02 January 2009 23:57 |
The Bailout ExplainedIt doesn't get much clearer than this well I think this says it all!
Once upon a time a man appeared in a village and announced to the villagers that he would buy monkeys for $10 each.
went out to the forest and started catching them. The man bought thousands at $10 and, as supply started to diminish, the villagers stopped their effort. He next announced that he would now buy monkeys at $20 each. 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 increased to $25 each and the supply of monkeys became so scarce it was an effort to even find a monkey, let alone catch it!
would buy 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 already collected. I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each." The villagers rounded up all their savings and bought all the monkeys for 700 billion dollars. They never saw the man or his assistant again, only lots and lots of monkeys!
Now you have a better understanding of how the
WALL STREET BAILOUT PLAN WILL WORK !!!!
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| Last Updated on Sunday, 26 July 2009 05:35 |





