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Thread: Solution to The Global Financial Crisis

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    Solution to The Global Financial Crisis


    Maybe this belonged under the jokes section...enjoy nevertheless

    In a small town on the South Coast of France, the holiday season is in
    full swing, but it is raining so there is not too much business taking
    place.

    Everyone is heavily in debt.
    Luckily, a rich Russian tourist arrives in the foyer of the small local
    hotel.

    He asks for a room and puts a Euro100 note on the reception counter,
    takes a key and goes to inspect the room located up the stairs on the
    third floor.

    The hotel owner takes the banknote in a hurry and rushes to his meat
    supplier to whom he owes E100. The butcher takes the money and races to
    his supplier to pay his debt.

    The wholesaler rushes to the farmer to pay E100 for pigs he purchased
    some time ago.
    The farmer triumphantly gives the E100 note to a local prostitute who
    gave him her services on credit.

    The prostitute quickly goes to the hotel, as she was owing the hotel for
    her hourly room used to entertain clients.
    At that moment, the rich Russian comes down to reception and informs the
    hotel owner that the room is unsatisfactory and takes his E100 back and
    departs.

    There was no profit or income.

    But everyone no longer has any debt and the small town's people look
    optimistically towards their future.

    Could this be the solution to the global financial crisis?
    Sean Goss We all are scared, but only few are brave.
    www.sgafc.co.za

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    bwahahaha

    I love it! This has been my theory on our eternal quest for financial riches for years!
    Regards

    Debbie
    debbie@stafftraining.co.za

    From reception to management training, assertiveness, accountability or interviewing skills, we have a wide range of training workshops available for you!
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    Gold Member garthu's Avatar
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    LOL!! Like that. Quite amazing how it could work
    Garth

    Electric fence Installation : www.midrand-electronics.co.za
    Free Classified Adds : www.bgone.co.za

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    A man claims he is honest and has never owed anyone a cent in his life!
    and asks his friend to hand him two R10 notes.

    He hands his friend back one R10 note -
    and loudly exclaims -
    Now we are equal!

    Bit like our taxes hmmmmmm!

    Yvonne

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    Site Caretaker Dave A's Avatar
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    I think it illustrates the current cash flow squeeze quite well. The problem is not the amount of money in the system - it's how slow it is circulating. Everyone's hesitant to pay their bills because what is coming in is so unreliable.

    At the moment there are two fronts virtually every business is having to tackle quite vigorously, getting enough sales and getting in the payments.
    The trouble with opportunity is it normally comes dressed up as work.

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