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Banking Crisis Alegory




Young Chuck moved to Texas and bought a donkey from a farmer for $100.00. The farmer agreed to deliver the donkey the next day.

The next day he drove up and said,
'Sorry son, but I have some bad news, the donkey died.'

Chuck replied, 'Well, then, just give me my money back.'

The farmer said, 'Can't do that. I went and spent it already.'

Chuck said, 'OK, then, just bring me the dead donkey.'

The farmer asked, 'What ya gonna do with him?

Chuck said, 'I'm going to raffle him off.'

The farmer said 'You can't raffle off a dead donkey!'

Chuck said, 'Sure I can. Watch me. I just won't tell anybody he's dead.'

A month later, the farmer met up with Chuck and asked, 'What happened with that dead donkey?'

Chuck said, 'I raffled him off. I sold 500 tickets at two dollars apiece and made a profit of $898.00.'

The farmer said, 'Didn't anyone complain?'

Chuck said, 'Just the guy who won. So I gave him back his two dollars.'

Chuck now works for the BANK.

Now see my previous post for the real deal.

Comments

  1. The Crisis of Credit was awesome. So clear, even I could understand it- thanks for giving us a second shot at that. Somehow I missed it the first time round, along with the Badminton. You offer us such a well-rounded, diverse array of topics on your blog platter of appetizers. Many of them are even nutritious! :)

    ReplyDelete
  2. That is very clever. Nice Allegory.

    ReplyDelete

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