Saturday, September 23, 2006

Learn Economic Models from the Cows

Don't know anything about economic models? Don't know anything about government system? Here's a very simple way to make yourself understand those concepts. Learn from the two cows :-) Just for leisure actually :-D

Taken from MissIzzy.org.

SOCIALISM:
You have 2 cows, and you give one to your neighbor.

COMMUNISM:
You have 2 cows. The State takes both and gives you some milk.

FASCISM:
You have 2 cows. The State takes both and sells you some milk.

NAZISM:
You have 2 cows. The State takes both and shoots you.

BUREAUCRATISM:
You have 2 cows. The State takes both, shoots one, milks the other, then throws the milk away…

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. Later, you hire a consultant to analyze why the cow has dropped dead.

A FRENCH CORPORATION:
You have two cows. You go on strike, organise a riot, and block the roads, 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 a clever cow cartoon image called Cowkimon and market it worldwide.

A GERMAN CORPORATION:
You have two cows. You re-engineer them so they live for 100 years, eat once a month, and milk themselves.

AN ITALIAN CORPORATION:
You have two cows, but you don’t know where they are. You decide to have lunch.

A RUSSIAN CORPORATION:
You have two cows. You count them and learn you have five cows. You count them again and learn you have 42 cows. You count them again and learn you have 2 cows. You stop counting cows and open another bottle of vodka.

A SWISS CORPORATION:
You have 5000 cows. None of them belong to you. You charge the owners for storing them.

A CHINESE CORPORATION:
You have two cows. You have 300 people milking them. You claim that you have full employment, and high bovine productivity, and arrest the newsman who reported the real situation.

AN INDIAN CORPORATION:
You have two cows. You worship them.

A BRITISH CORPORATION:
You have two cows. Both are mad.

IRAQI CORPORATION:
Everyone thinks you have lots of cows. You tell them that you have none. No-one believes you, so they bomb the shit out of you and invade your country. You still have no cows, but at least now you are part of a Democracy….

SURREALISM:
You have two giraffes.
The government requires you to take harmonica lessons

HONG KONG CAPITALISM:
You have two cows. You sell 3 of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank.
Then you execute a debt/equity swap with an associated general offer so that you get all 4 cows back, with a tax deduction for keeping 5 cows.
The milk rights of 6 cows are transferred via a Panamanian intermediary to a Cayman Islands company secretly owned by the majority shareholder.
He sells the rights to all 7 cows’ milk back to the listed company, and proceeds from the sale are deferred. The annual report says that the company owns 8 cows, with an option on one more.
Meanwhile, you kill the 2 cows because the feng shui is bad.

NEW ZEALAND CORPORATION:
You have two cows. The one on the left looks very attractive.

SINGAPOREAN CIVIL SERVICE
You have two cows. You scold each one everyday before and after milking.
You teach one of them to scold the other.
You instruct them to moo only on command.

AUSTRALIAN CORPORATION:
You have two cows.
Business seems pretty good.
You close the office and go for a few beers to celebrate.