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The Monkey Business....

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Information about The Monkey Business....
Finance

Published on December 16, 2008

Author: coolkreativez

Source: slideshare.net

Description

The Monkey Business....
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The monkey business………

Once upon a time a man appeared in a village and announced to the villagers that he would buy monkeys for $10 each….

The villagers , seeing that there were many monkeys around, went out to the  forest and started catching them….

The man bought thousands at $10 and, as supply started to diminish, the  villagers stopped their effort. Soon the supply diminished even further and people started going back to their farms……   $10

The offer increased to $25 each and the supply of monkeys  became so scarce it was an effort to even find a monkey, let alone catch  it! $25

The man now announced that he would buy monkeys at $50 each!  However, since he had to go to the city on some business, his assistant would buy  on his behalf.   $50

In the absence of the man, the assistant told the  villagers:  "Look at all these monkeys in the big cage that the man has already collected.  I will sell them to you at $35 and when the man returns from the city, you can sell them to him for $50 each." $35 $50 $50

The villagers rounded up all their savings and bought all the monkeys for  700 billion dollars. They never saw the man or his assistant again, only lots and lots of monkeys! = 700 billion dollars

Now you have a better understanding of how the WALL STREET BAILOUT PLAN  WILL WORK !!!!

Thanks!

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