I thought I'd start a list of economic terms and simplified explanations for everyone to read so that we are all on the same page when talking about well, economics.
Socialism:
You have two cows. Y
You give one to your neighour.
Communism:
You have two cows.
The state takes both and gives you some milk.
Facism:
You have two cows.
The state takes both and sells you some milk.
Nazism:
You have two cows.
The state takes both and shoots you.
Bureaucratism:
You have to cows.
The state takes both, shoots one, milks the other and throws away the milk.
Traditional Capitalism:
You have two cows.
You sell one and buy a bull. Your herd multiplies and you retire on the income.
Surrealism:
You have two giraffes.
The state demands that you take harmonica lessons.
American corporation:
You have two cows.
You shoot one and force the other to produce the milk of four cows. Later you hire a consultant to figure out why the cow 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 transfered via an intermidiary to a Cayman Island Company secretley owned by the majority shareholder who sells the rights to all seven cows back to your listed company. The annual report says you have eight cows with the option for one more.
You sell one cow to buy a new president of the United States, leaving you with nine cows.
The public then buys your bull.
Corporation French :
You have two cows.
You go on strike, organise a riot and block the streets because you want three cows.
Japanese Corporation:
You have two cows.
You redesign them so that they are one tenth the normal size and produce twenty times the milk. You then develop a clever cow cartoon called "Cowkimon" and market it worldwide.
German Corporation:
You have two cows.
You re-engineer them so the live to be 100, eat once a month and milk themselves.
Italian Corporation:
You have two cows but you don't know where they are.
You decide to go to lunch.
Russian Corporation:
You have two cows.
You count them again and you have four cows. You count them again and you have 40 cows.
You give up and have another bottle of vodka.
Swiss Corporation:
You have over 5000 cows.
None of them belong to you.
You charge the owners to store them.
Chinese Corporation:
You have two cows.
You have 300 people milking them and claim to have good employment and high bovine productivity.
You arrest the news crew that reported the truth.
Indian Corporation:
You have two cows.
You worship them.
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. Noone believes you so they bomb the crap out of your country and invade.
You still have no cows but at least you're a democracy...
Australian Corporation:
You have two cows.
Buisness seems to be going well so you close the office and have a few beers to celebrate.
New Zealand Corporation:
You have two cows.
The one on the left looks very attractive.
This is just a bit of fun people. No offe3nce meant.




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