Re: Understanding the world financial situation
Nice one, Master. Here's my version:
One day a man decided to concoct a most wicked scam ever. He picked 100 nice looking pieces of plain rocks and decided to sell them as mighty rocks picked from distant planet Krypton. When he put up the rocks in the market, each rocks started to fetch, 100, 1000 and later millions of dollars. As the price went going up and up, everybody, every institution decided to enter the market of the Krytonite rocks. Millionaires, pension funds, companies, mutual funds and mafias bid for those rocks until it's total value reached 10 trillion dollars. As individuals and companies made more and more money through their normal businesses, they placed their earnings and profits into the rock market. Soon the rocks absorbed the total value of about 40 percent of the world's wealth. Just when there seemed to be no end to this market mania [note: that's exactly what they are], the scammer's conscience started to bother him. And to make the long story short, he decided to announce to the whole world that those rocks where nothing but plain rocks picked from the streams somewhere near the hometown of Manny Pacquiao in some exotic jungles of the Philippines. As soon as the announcement was made, the price of the rocks crashed together with it's market...
And the world lost 40 percent of it's wealth in just a matter of minutes - trillions of dollars just going pfft!..
Last edited by pacfan; 10-18-2008 at 06:24 PM.
Once in awhile, get outside in fresh air, take a deep breath & with a deep sigh, let out all the things that's bottled up inside you & be free, & you'll get a glimpse of nirvana.
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