2003-09-05

For those clueless econonists out there (like me), heres a quick cheat sheet of the worlds economy, using an analogy of 2 cows. hope this helps you gain a better understanding into the inner workings of Economics and how it has Helped The World.

Two cows

TRADITIONAL CAPITALISM

You have two cows.
You sell one and buy a bull.
Your herd multiplies, and the economy grows.
You sell them and retire on the income.



AN AMERICAN CORPORATION


You have two cows.
You sell one, and force the other to produce the milk of four cows.
You are surprised when the cow drops dead.



A FRENCH CORPORATION

You have two cows.
You go on strike because you want three cows.


A JAPANESE CORPORATION

You have two cows.
You redesign them so they are one-tenth the size of an ordinary cow
and produce twenty times the milk.
You then create clever cow cartoon images called 'Cowkimon' and
market them World-Wide.


A GERMAN CORPORATION

You have two cows.
You reengineer them so they live for 100 years, eat once a month,
and milk themselves.


A BRITISH CORPORATION


You have two cows.
Both are mad.



AN ITALIAN CORPORATION

You have two cows, but you don't know where they are.
You break for lunch.



A SWISS CORPORATION

You have 5000 cows, none of which belong to you.
You charge others for storing them.



A CHINESE CORPORATION


You have two cows.
You have 300 people milking them.
You claim full employment and high bovine productivity.
You have the newsman who reported on the numbers arrested.


AN INDIAN CORPORATION

You have two cows.
You worship them.


A MALAYSIAN CORPORATION

You have two cows.
You signed a 40-years contract to supply milk at 0.06 per lit.
Then midway you raised the price to 0.60 or you cut supply.
When the buyer agrees to the new price, you change your mind again
and now wants 1.20.
The buyer decided you can keep the milk and they go look for milk
that comes from recycled cows.
Your two cows retire together with the PM.



A SINGAPOREAN CORPORATION


You have two cows.
One cow-peh and one cow-bu.