[BITList] Flawless, innit?

[John Feltham]

G'day Peter,

A Question for Joe Hockey.


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Money!

It is August. In a small town on the South Coast of France, holiday  
season is in full swing, but it is raining so there is not too much  
business happening. Everyone is heavily in debt. Luckily, a rich  
Kockey.... Russian tourist arrives in the foyer of the small local  
hotel. He asks for a room and puts a Euro100 note on the reception  
counter, takes a key and goes to inspect the room located up the  
stairs on the third floor.

The hotel owner takes the banknote in hurry and rushes to his meat  
supplier to whom he owes E100.

The butcher takes the money and races to his wholesale supplier to pay  
his debt.

The wholesaler rushes to the farmer to pay E100 for pigs he purchased  
some time ago.

The farmer triumphantly gives the E100 note to a local prostitute who  
gave him her services on credit.

The prostitute goes quickly to the hotel, as she owed the hotel for  
her hourly room use to entertain clients.

At that moment, the rich Russian is coming down to reception and  
informs the hotel owner that the proposed room is unsatisfactory and  
takes his E100 back and departs.

There was no profit or income. But everyone no longer has any debt and  
the small town people look optimistically towards their future.

COULD THIS BE THE SOLUTION TO THE Global Financial Crisis? Or, is  
there a catch here?



ooroo

Bad typists of the word, untie.