Two Cows
Apr 22, 2017 01:42:38 #
THE WORLD ECONOMY WITH JUST TWO COWS
Communism
You have 2 cows. The State takes both and gives you some milk.
Socialism
You have 2 cows. You give one to your neighbor.
Fascism
You have 2 cows. The State tales both and sells you some milk.
Bureaucratism
You have 2 cows. The State takes both, shoots one, milks the other and then throws the milk away.
Traditional Capitalism
You have 2 cows. You sell one and buy a bull. Your herd multiplies, and the economy grows. You sell them and retire on the income
Venture Capitalism
You have two coms. 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 5 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 an option on one more.
An Italian Corporation
You have two cows, but you do not know where they are. You decide to have lunch.
A French Corporation
You have two cows. You go on strike, organize a riot, and block the roads, because you want three cows.
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 analyze why the cow has died.
A Swiss Corporation
You have 5,000 cows. None of them belong to you. You charge the owners for storing them.
An Irish Corporation
You have two cows. One of them is a horse.
An Australian Corporation
You have two cows. Business seems pretty good. You close the office and go for a few beers to celebrate.
A Chinese Corporation
You have two cows. You have 300 people milking them. You claim that you have full employment and high bovine productivity. You arrest the newsman who reported the real situation.
An Iraqi Corporation,
Everyone thinks that you have lots of cows. You tell them that you have none. Nobody believes you, so they bomb the crap out of you and invade your country. You still have no cows, but at least you are now a Democracy.
A British Corporation
You have two cows. Both are mad.
A Greek Corporation.
You have two cows borrowed from French and German banks. You eat both of them. The banks call to collect their milk, but you cannot deliver, so you call the IMP. The IMP loans yow two cows. You eat both of them. The banks and the IMF call to collect their cows/milk. You are out getting a haircut.
Semper Fidelis
Communism
You have 2 cows. The State takes both and gives you some milk.
Socialism
You have 2 cows. You give one to your neighbor.
Fascism
You have 2 cows. The State tales both and sells you some milk.
Bureaucratism
You have 2 cows. The State takes both, shoots one, milks the other and then throws the milk away.
Traditional Capitalism
You have 2 cows. You sell one and buy a bull. Your herd multiplies, and the economy grows. You sell them and retire on the income
Venture Capitalism
You have two coms. 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 5 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 an option on one more.
An Italian Corporation
You have two cows, but you do not know where they are. You decide to have lunch.
A French Corporation
You have two cows. You go on strike, organize a riot, and block the roads, because you want three cows.
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 analyze why the cow has died.
A Swiss Corporation
You have 5,000 cows. None of them belong to you. You charge the owners for storing them.
An Irish Corporation
You have two cows. One of them is a horse.
An Australian Corporation
You have two cows. Business seems pretty good. You close the office and go for a few beers to celebrate.
A Chinese Corporation
You have two cows. You have 300 people milking them. You claim that you have full employment and high bovine productivity. You arrest the newsman who reported the real situation.
An Iraqi Corporation,
Everyone thinks that you have lots of cows. You tell them that you have none. Nobody believes you, so they bomb the crap out of you and invade your country. You still have no cows, but at least you are now a Democracy.
A British Corporation
You have two cows. Both are mad.
A Greek Corporation.
You have two cows borrowed from French and German banks. You eat both of them. The banks call to collect their milk, but you cannot deliver, so you call the IMP. The IMP loans yow two cows. You eat both of them. The banks and the IMF call to collect their cows/milk. You are out getting a haircut.
Semper Fidelis
Apr 22, 2017 05:25:59 #
georgejc wrote:
THE WORLD ECONOMY WITH JUST TWO COWS br Communism ... (show quote)
I have seen this one before. It's just as good now as it was then. One of my favorite explanations of various economic theories.
Apr 22, 2017 08:57:54 #
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