It is the month of August, on the shores of the Black Sea . It is raining, and the little town looks totally deserted. These are tough times, everybody is in debt and everybody lives on credit. Suddenly, a rich tourist comes to town.
He enters the only hotel, lays a 100 Euro note on the reception counter and goes to inspect the rooms upstairs in order to choose one.
The hotel proprietor takes the 100 Euro note and runs to pay his debt to the butcher.
The butcher takes the 100 Euro note, and runs to pay his debt to the pig farmer.
The pig farmer takes the 100 Euro note, and runs to pay his debt to the supplier of his feed and fuel.
The supplier of feed and fuel takes the 100 Euro note, and runs to pay his debt to the town's prostitute, who in these hard times offered her "services" on credit.
The prostitute runs to the hotel, and uses the 100 Euro note to settle her debt with the hotel proprietor for the rooms she rented when she brought clients there.
The hotel proprietor then lays the 100 Euro note back on the counter so that the rich tourist will not suspect anything.
At that moment, the tourist comes down after inspecting the rooms and takes his 100 Euro note, saying that he did not like any of the rooms and leaves town.
No one earned anything. However, the whole town is now without debt, and looks to the future with a lot of optimism.... .
And that, ladies and gentlemen, is how modern company is doing business today.
Modern Economy
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