From: anju
Date: Wed, May 6, 2009 at 12:27 PM
Subject: Amazing must read
To:
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
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?
Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts
FW: Good news for all Professionals..Pls Read
from Vikas
to
date Fri, Dec 19, 2008 at 12:25 AM
subject FW: Good news for all Professionals..Pls Read
Finance minister P. Chidambaram has approved a Bill which comes into effect on 01.04.2009 and it states that all Privately Held companies need to give a minimum salary increment of 13.5 % to all employees every six months.
This comes as a relief to petitioners appealing against the growing work hours in the Privately Held organizations and which do not have a proper system to check overtime. The bill also mentions that all employees be provided 20 days of casual leave every year. Please see the attached document for the list of companies which will be brought under the umbrella of the Bill in the first round of implementation.
And if the name of your company features in the list, kindly circulate this mail among your colleague source
to
date Fri, Dec 19, 2008 at 12:25 AM
subject FW: Good news for all Professionals..Pls Read
PLS READ ON..
Good News !!!!!!!!!!!!!!
Finance minister P. Chidambaram has approved a Bill which comes into effect on 01.04.2009 and it states that all Privately Held companies need to give a minimum salary increment of 13.5 % to all employees every six months.
This comes as a relief to petitioners appealing against the growing work hours in the Privately Held organizations and which do not have a proper system to check overtime. The bill also mentions that all employees be provided 20 days of casual leave every year. Please see the attached document for the list of companies which will be brought under the umbrella of the Bill in the first round of implementation.
And if the name of your company features in the list, kindly circulate this mail among your colleague source
 | list of companies.doc |
Do you think that Chidambaram will pass such a Bill?
HMMMMM…. AM ALSO SEARCHING FOR THAT GUY WHO SENT ME THIS!!!!!!!!
FW: Brand Logos-After The Economic Crisis
from Vikas
to
date Mon, Dec 15, 2008 at 11:28 PM
subject FW: Brand Logos-After The Economic Crisis
to
date Mon, Dec 15, 2008 at 11:28 PM
subject FW: Brand Logos-After The Economic Crisis
Brand Logos
After The Economic Crisis
Fw: [Technical-Investor] US finance humor
from mahesh
reply-to
to
date Sat, Dec 20, 2008 at 12:48 AM
subject Fw: [Technical-Investor] US finance humor
signed-by yahoo.co.in
--- On Fri, 19/12/08, <> wrote:
From:
Subject: [Technical-Investor] US finance humor
To:
Date: Friday, 19 December, 2008, 8:51 PM
1. The US has made a new weapon that destroys people but keeps the
building standing,. Its called the stock market - Jay Leno
2. Do you have any idea how cheap stocks are?? Wall Street is now
being called Wal Mart Street - Jay Leno
3. The difference between a pigeon and a London investment banker. The
pigeon can still make a deposit on a BMW
4. What's the difference between a guy who lost everything in Las
Vegas and an investment banker? A tie!
5. The problem with investment bank balance sheet is that on the left
side nothing's right and on the right side nothing's left.
6. I want to warn people from Nigeria who might be watching our show,
if you get any emails from Washington asking for money, it's a scam.
Don't fall for it - Jay Leno
7. Bush was asked about the credit crunch. He said it was his
favourite candy bar - Jay Leno
8. The rescue bill was about 450 pages. President Bush's copy is even
thicker. They had to include pictures - Jay Leno
9. President Bush's response was to meet some small business owners in
San Antonio last week. The small business owners are General Motors,
General Electric and Century 21 - Jay Leno
10. What worries me most about the credit crunch, is that if one of my
cheques is returned stamped 'insufficient funds'. I won't know
whether that refers to mine or the bank's
reply-to
to
date Sat, Dec 20, 2008 at 12:48 AM
subject Fw: [Technical-Investor] US finance humor
signed-by yahoo.co.in
--- On Fri, 19/12/08, <> wrote:
From:
Subject: [Technical-Investor] US finance humor
To:
Date: Friday, 19 December, 2008, 8:51 PM
1. The US has made a new weapon that destroys people but keeps the
building standing,. Its called the stock market - Jay Leno
2. Do you have any idea how cheap stocks are?? Wall Street is now
being called Wal Mart Street - Jay Leno
3. The difference between a pigeon and a London investment banker. The
pigeon can still make a deposit on a BMW
4. What's the difference between a guy who lost everything in Las
Vegas and an investment banker? A tie!
5. The problem with investment bank balance sheet is that on the left
side nothing's right and on the right side nothing's left.
6. I want to warn people from Nigeria who might be watching our show,
if you get any emails from Washington asking for money, it's a scam.
Don't fall for it - Jay Leno
7. Bush was asked about the credit crunch. He said it was his
favourite candy bar - Jay Leno
8. The rescue bill was about 450 pages. President Bush's copy is even
thicker. They had to include pictures - Jay Leno
9. President Bush's response was to meet some small business owners in
San Antonio last week. The small business owners are General Motors,
General Electric and Century 21 - Jay Leno
10. What worries me most about the credit crunch, is that if one of my
cheques is returned stamped 'insufficient funds'. I won't know
whether that refers to mine or the bank's
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