This comes via my friend Annette aka Sattva. Most of you will be aware of the credit crunch and how it is affecting us all world wide. Our government have today announced a four hundred billion pound rescue package for the banks....financed by the tax payer!!!
Copyright October 2008 Fred Marshall Jr. May be reproduced and disseminated in its entirety only. All rights reserved.
Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for $10 each. The villagers seeing that there were many monkeys around, went out to the forest, and started catching them.
The man bought thousands at $10 and as supply started to diminish, the villagers stopped their effort. He 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 increased to $25 each and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch one!
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 buy on his behalf.
In the man's absence, 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 the man returns from the city, you can sell them to him for $50 each.'
The villagers rounded up all their savings and bought all the monkeys for $35 each. Then they never saw the man nor his assistant again. They had the monkeys, and the man had their money.
Now you have a better understanding of how the stock market and the government work
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