Thursday, January 22, 2009


If you have difficulty understanding the current world financial

situation, the following should help...

Once upon a time in a village in India, a man announced to the

villagers that he would buy monkeys for $10.

The villagers seeing there were many monkeys around, went out

to the forest and started catching them.

The man bought thousands at $10, but, asthe supply started to

diminish, the villagers stopped their efforts. The man further

announced that he would now buy at $20. This renewed the

efforts of the villagers and they started catching monkeys again.

Soon the supply diminished even further and people started

going back to their farms. The offer rate increased to $25 and

the supply of monkeys became so little that it was an effort to

even see a monkey, let alone catch it!

The man now announced that he would buy monkeys at $50! 

However, since he had to go to the city on some business, his

assistant would now act as buyer, on his behalf.

In the absence of the man, the assistant told the villagers: 'Look

at all these monkeys in the big cage that the man has collected. I

will sell them to you at $35 and when he returns from the city,

you can sell them back to him for $50.'

The villagers squeezed together their savings and bought all the

Then they never saw the man or his assistant again, only

monkeys everywhere!  Welcome to WALL STREET.

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