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understanding how it all works

  • 16-03-2011 10:14pm
    #1
    Closed Accounts Posts: 452 ✭✭


    TRADITIONAL CORPORATION
    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.

    AMERICAN CORPORATION
    You have two cows.
    You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at the band, then execute a debt/equity swap with an associated general offer so that you get all four cows back, with a tax exemption for five cows. The milk rights of the six cows are transferred via an intermediary to a Cayman Island company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company. The annual report says the company owns eight cows, with an option on one more. Sell one cow to buy a new president of the United States, leaving you with nine cows. No balance sheet provided with the release. The public buys your bull.

    AN AUSTRALIAN CORPORATION
    You have two cows.
    You sell one, and force the other to produce the milk of four cows. You are surprised when the cow drops dead.

    FRENCH CORPORATION
    You have two cows.
    You go on strike because you want three cows.

    JAPANESE CORPORATION
    You have two cows.
    You redesign them so they are one-tenth the size of an ordinary cow and produce twenty time the milk. You then create clever cow cartoon images called Cowikimon and market them worldwide.

    A GERMAN CORPORATION
    You have two cows.
    You reengineer 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 break for 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 12 cows.
    You stop counting cows and open another bottle of vodka.

    A SWISS CORPORATION
    You have 5000 cows, none of which belong to you. You charge others for storing them.

    CHINESE CORPORATION
    You have two cows.
    You have 300 people milking them.
    You claim full employment, high bovine productivity, and arrest the newsman who reported the numbers.

    A BRITISH CORPORATION
    You have two cows... both are mad....


Comments

  • Registered Users, Registered Users 2 Posts: 354 ✭✭puffdragon


    Im not sure this thread will get staying long but thats the best laugh I've had in ages , cheers lad , happy paddys day!!


  • Registered Users, Registered Users 2 Posts: 384 ✭✭osullic


    haha,quality post


  • Registered Users, Registered Users 2 Posts: 11,205 ✭✭✭✭hmmm


    Not bad.

    Irish Corporation:

    You are renting two cows. Your mother tells you "rent is dead money" so you max out your loans and lie about your income to buy 10 cows. You buy 20 cows in Bulgaria. You buy a BMW X5 to transport your cows. You sell 5 of your cows to another Irish person and buy 20 more Bulgarian cows. A year later the bank asks you to repay your loan so you try selling your Irish cows but it turns out everyone is now buying horses and aren't interested in cows. You try to sell your Bulgarian cows and discover they are actually donkeys. You blame the mart owner for allowing you buy cows when it was clear you knew nothing about farming.


  • Moderators, Category Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 47,528 CMod ✭✭✭✭Black Swan


    Please be advised that this thread has been reported by our members as being inappropriate for a serious discussion on the Irish Economy forum. Locked.


This discussion has been closed.
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