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An island gets its living from tourism. Things have been very bad.

One day a wealthy tourist arrives and goes to the hotel. The owner takes $100 deposit and tells him to look around as all rooms are available.

The hotel owner then runs down to the plumber to pay him the $100 he owes him. Then the plumber runs down to the motor mechanic and pays him the $100 he owes him. The motor mechanic then runs down to the prostitute to pay her the $100 he owes her. The prostitute then runs to the hotel and pays the owner the $100 she owes him for a room.

The tourist comes back down to reception and tells the owner he is not interested and the owner gives him back his $100 deposit.
 
Posts: 7046 | Location: Sydney Australia | Registered: 14 September 2015Reply With Quote
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And that's what we call successful economics.


Never mistake motion for action.
 
Posts: 17357 | Location: Austin, Texas | Registered: 11 March 2013Reply With Quote
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May be we should remind the politicians of this?


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Posts: 69301 | Location: Dubai, UAE | Registered: 08 January 1998Reply With Quote
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Velocity of Money, at work...


TomP

Our country, right or wrong. When right, to be kept right, when wrong to be put right.

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Posts: 14749 | Location: Moreno Valley CA USA | Registered: 20 November 2000Reply With Quote
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I agree Saeed,all we have to do is find one that will listen + act accordingly. (good luck)


Never mistake motion for action.
 
Posts: 17357 | Location: Austin, Texas | Registered: 11 March 2013Reply With Quote
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