Economics explained in simple terms

[X]

Economic Models Explained by Cows:
>
>SOCIALISM: You have 2 cows, and 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, 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. 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 buys your bull.
>
>THE ANDERSEN MODEL: You have two cows. You shred them.
>
>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.
>
>AN ISRAELI-RUSSIAN CORPORATION: You have one cow. Step 1: You photograph
>the cow and then kill it to sell the meat. Step 2: You conduct a lottery
>offering the cow as the main prize. Photographs of the cow are provided
>as incentive. Step 3: When the winner comes forward to claim his prize
>you offer condolences as the cow has died and you return the purchase
>price of his ticket. Step 4: You buy 1000 more cows with the remaining
>lottery ticket proceeds. Step 5: Go back to Step 1 and repeat.
>
>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,
>and 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.
>
>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 a Democracy....
>
>WELSH CORPORATION: You have two cows. The one on the left looks very
>attractive.
>
>AUSTRALIAN CORPORATION: You have two cows. Business seems pretty good.
>You close the office and go for a few beers to celebrate.

[Jimanuel Boogustus]

Who ever wrote that is a legend!

for sharing

[X]

so true isn't it!

[boyla]

tl;dr
supply and demand

[TitoFan]

>FERGUSON, MISSOURI CORPORATION: You have 2 cows. One says it's white with black spots.
>The other says it's black with white spots. They fight. You get your gun and shoot one of the
>cows... you happen to hit the black part. The other cow claims racism and riots.

[SlimTrae]

Who ever wrote that is a legend!

for sharing

Indeed.