Wednesday, October 1, 2008

If you have difficulty understanding the current world financial situation, the following should help...

My uncle sent this to me, I think it is so funny!

Once upon a time in a village in India, a man announced to the villagers that he would buy monkeys for $10.


The villagers seeing there were many monkeys around, went out to the forest and started catching them. The man bought thousands at $10, but, as the supply started to diminish, the villagers stopped their efforts. The manfurther announced that he would now buy at $20. 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 rate increased to $25 and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it!


The man now announced that he would buy monkeys at $50! However, since he had to go to the city on some business, his assistant would now act as buyer, 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 collected. I will sell them to you at $35 and when he returns from the city, you can sell them back to him for $50.'


The villagers squeezed together their savings and bought all the monkeys.


Then they never saw the man or his assistant again, only monkeys everywhere!  Welcome to WALL STREET.

6 comments:

Letti said...

I love that analogy. It is so true. I just hope that things get better soon. By the way how are you feeling?

Cacia said...

I had a rough morning, but I am feeling better now. It just comes and goes. I am hoping that being sick will be over soon! 11 Weeks and counting. . .

Mandy said...

i want a monkey

cdiddy said...

Your story forgets to offer that the government recognizes the plight of monkey buyer and his assistant and suggests that all the villagers be assessed a tax to pay for the monkey buyers "bail out".

2 fans opinions said...

monkeys have aids, just like all the gay dudes with long aligator skin boots on wallstreet

Lisa, Danny, and Blake said...

Hey Cac I found your blog from Jon's. How are you? When are you do? I feel like I haven't seen you forever we need to catch up.