Classic British Flight Sim

It is a slow day in a little Greek Village. The rain is beating down and the streets are deserted.

Times are tough, everybody is in debt, and everybody lives on credit.

On this particular day a rich German tourist is driving through the village, stops at the local hotel and lays a €100 note on the desk, telling the hotel owner he wants to inspect the rooms upstairs in order to pick one to spend the night.

The owner gives him some keys and, as soon as the visitor has walked upstairs, the hotelier grabs the €100 note and runs next door to pay his debt to the butcher.

The butcher takes the €100 note and runs down the street to repay his debt to the pig farmer.

The pig farmer takes the €100 note and heads off to pay his bill at the supplier of feed and fuel.

The guy at the Farmers' Co-op takes the €100 note and runs to pay his drinks bill at the taverna.

The publican slips the money along to the local prostitute drinking at the bar, who has also been facing hard times and has had to offer him "services" on credit.

The hooker then rushes to the hotel and pays off her room bill to the hotel owner with the €100 note.

The hotel proprietor then places the €100 note back on the counter so the rich traveller will not suspect anything.

At that moment the traveller comes down the stairs, picks up the €100 note, states that the rooms are not satisfactory, pockets the money, and leaves town.
No one produced anything.
No one earned anything.
However, the whole village is now out of debt and looking to the future with a lot more optimism.

And that is how the bailout package works!

Keith

https://youtu.be/LyePCRkq620

it'd be funny if it wasn't so true

You should have been my Economics teacher Keith!
I fully understand the system now.

Keith's not 100 ya know.

airboatr wrote:https://youtu.be/LyePCRkq620

it'd be funny if it wasn't so true

Like it....still doesn't explain how it gets paid back! More grease proof paper?
Keith

Here's one of the shenanigans that went down in 08 between the guberment folk, General Motors, and the taxpayers.
GM was broke, the Fed was broke and the taxpayers were broke.
GM Wanted a loan from the Fed, The Gov. gets the Federal Reserve to print something like 4 Trillion to fund the bailouts and to "stimulate" the economy by filtering it down to the taxpayer.

GM starts making cars , the taxpayers use what falls into their pockets from the stimulus to buy a GM car so GM has the money to pay back the loan.
In reality they didn't , the loan and the stimulus just got transferred to the taxpayers four generations down the line. Including huge sums of money paid directly to the corporate officers of GM.
A reward for doing a great job of running the company into the ground in the first place..

Hark!! is that King George lll havin a larf?

Joe:
1. That's rude, you shouldn't pick on old people.
2. We're fortunate to have Clarke & Dawe doing a 5 minute session every Thursday night, just before the 7 0'clock news.
At least one of them came from NZ. They're both great!
3. This country propped up the "local" car industry for years. Didn't do any good, they're all buzzing off anyway.

Oh sure, I'm the bad guy...