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    An explanation of the economy - 21 Economic Models explained

    Read this on a financial BB, thought it was worth sharing.

    Subject:21 Economic Models explained with Cows - 2008 update


    SOCIALISM
    You have 2 cows.
    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 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 throws 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 an option on one
    more. You 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 then
    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 JAPANESE CORPORATION
    You have two cows.
    You redesign them so they are one-tenth the size of an ordinary cow
    and produce twenty times the milk. You then create a clever cow cartoon
    image called 'Cowkimon' and market it worldwide.

    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 and open another bottle of vodka.

    A SWISS CORPORATION
    You have 5000 cows. None of them belong to you.
    You charge the owners for storing them.

    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 INDIAN CORPORATION
    You have two cows.
    You worship them.

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

    AN IRAQI CORPORATION
    Everyone thinks you have lots of cows.
    You tell them that you have none.
    No-one believes you, so they bomb the **** out of you and invade your
    country.
    You still have no cows, but at least now you are part of Democracy....

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

    A NEW ZEALAND CORPORATION
    You have two cows.
    The one on the left looks very attractive.

    4 Comments

    ..................Pretty much what Economic lectures are like?

    nice one..!

    Like it :-D

    You missed some,

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

    HONG KONG CAPITALISM:
    You have two cows. You sell 3 of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank. Then you execute a debt/equity swap with an associated general offer so that you get all 4 cows back, with a tax deduction for keeping 5 cows. The milk rights of 6 cows are transferred via a Panamanian intermediary to a Cayman Islands company secretly owned by the majority shareholder. He sells the rights to all 7 cows' milk back to the listed company, and proceeds from the sale are deferred. The annual report says that the company owns 8 cows, with an option on one more. Meanwhile, you kill the
    2 cows because the feng shui is bad.

    THE ANDERSEN MODEL
    You have two cows. You shred them.

    but lmao...
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