Whatsapp Share

Masterpiece on Economics: That is how the world is doing business today!

One day a tourist comes to the only hotel in a debt ridden town in Kenya. He lays a 100 dollar note on the table & goes to inspect the rooms.

Hotel owner takes the note & rushes to pay his debt to the butcher.

Butcher runs to pay the pig farmer.

Pig farmer runs to pay the feed supplier.

Supplier runs to pay the maid, who in these hard times gave her services on credit.

Maid then runs to pay off her debt to the hotel owner whom she borrowed from in these hard times.

Hotel owner then lays the 100 dollar note back on the counter.

The tourist comes down, takes his money & leaves as he did not like the rooms.

No one earned anything, no value created, wealth redistribution was on paper, yet that entire group of people is now out of debt & looks to the future with a lot of optimism.

That is how the world is doing business today!

Alex

Recent Posts

Novautek Honored with the “Outstanding SME ESG and Business Performance Award”

HONG KONG SAR - EQS Newswire - 23 December 2024 - Novautek Autonomous Driving Limited…

1 hour ago

V-GREEN and Xanh SM Indonesia sign MoU with Lippo for comprehensive green ecosystem in Indonesia

JAKARTA, INDONESIA - Media OutReach Newswire - 23 December 2024 - V-GREEN and PT Xanh…

2 hours ago

Molex Anticipates Steady Growth in High-Speed Connectivity in 2025, Driving Electronics Design Innovations Across Diverse Industry Sectors

Increase in opportunities predicted for high-speed optical transceivers and miniaturized connectivity solutions to address data-intensive…

4 hours ago

Celebrating 25 Years of Excellence: DYXnet Embarks the New Chapter of Digital Transformation

HONG KONG SAR - Media OutReach Newswire - 23 December 2024 - DYXnet, a wholly-owned…

4 hours ago

The Top 10 Best Places to Work in Egypt for 2024 revealed

CAIRO, EGYPT - Media OutReach Newswire - 23 December 2024 - Eand, Novo Nordisk, BSH,…

6 hours ago

Trend Micro Named a Magic Quadrant Leader for Email Security Platforms

Trend Vision One™ – Email and Collaboration Security is a critical part of Trend’s centralized…

7 hours ago