Economics

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It is the month of June, on the shores of the Black Sea . It is raining, and the little town looks totally deserted. It is tough times, everybody is in debt, and everybody lives on credit.
Suddenly, a rich tourist comes to town. He enters the only hotel, lays a 100 Euro note on the reception counter, and goes to inspect the rooms upstairs in order to pick one.
The hotel proprietor takes the 100 Euro note and runs to pay his debt to the butcher.
The Butcher takes the 100 Euro note, and runs to pay his debt to the pig grower.
The pig grower takes the 100 Euro note, and runs to pay his debt to the supplier of his feed and fuel.
The supplier of feed and fuel takes the 100 Euro note and runs to pay his debt to the town's prostitute that in these hard times, gave her 'services' on credit.
The hooker runs to the hotel, and pays off her debt with the 100 Euro note to the hotel proprietor to pay for the rooms that she rented when she brought her clients there.
The hotel proprietor then lays the 100 Euro note back on the counter so that the rich tourist will not suspect anything.
At that moment, the rich tourist comes down after inspecting the rooms, and takes his 100 Euro note, after saying that he did not like any of the rooms, and leaves town.
No one earned anything. However, the whole town is now without debt, and looks to the future with a lot of optimism.
And that, ladies and gentlemen, is how the English Government is doing business today.
Scotland is jealous and going for devolution. Och Aye.
Gordon is to be offered the job of Mentoring, and we all pray and live in hope.
 
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They were all owed 100 Euro, and all owed 100 Euro, total debt of Town = zero.
Had the Hotel proprietor paid the butcher with his own money, they would have all been out of the supposed debt, as he would have got his 100 Euro back from the Hooker and kept it.

By using the "borrowed" 100 Euro, the hotel proprietor will now never get his 100 Euro back.
Serves him right, I suppose, for the original theft.


And that, ladies and gentlemen, is how the English Government is doing business today.

You got that bit right.................. :LOL:
 
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