Economic models explained

Today’s post is poking fun at various ‘isms’ and we thought it might provide some light humour given the usual serious tone of our articles, just to reiterate, this is for laughs, for those readers who have made accusations in the past that we have no sense of humour…. Your right! This is a copy/paste from an email forward!

How do you explain economic models when starting with nothing more than two cows?
SOCIALISM
You have 2 cows.
You give one to your neighbour.


COMMUNISM

You have 2 cows.
The State takes both and gives you some milk.

FASCISM
You have 2 cows.
The State takes both and sells you some milk.

NAZISM
You have 2 cows.
The State takes both and shoots you.

BUREAUCRATISM
You have 2 cows.
The State takes both, shoots one, milks the other, and then throws the
milk away…

TRADITIONAL CAPITALISM
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.

SURREALISM
You have two giraffes.
The government requires you to take harmonica lessons.


AN AMERICAN CORPORATION

You have two cows.
You sell one, and force the other to produce the milk of four cows.
Later, you hire a consultant to analyse why the cow has dropped dead.

ENRON VENTURE CAPITALISM
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 bank, 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. You 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 then buys your bull.

A FRENCH CORPORATION
You have two cows.
You go on strike, organise a riot, and block the roads, because you
want three cows.

A JAPANESE CORPORATION
You have two cows.
You redesign them so they are one-tenth the size of an ordinary cow
and produce twenty times the milk. You then create a clever cow
cartoon image called ‘Cowkimon’ and market it worldwide.


A GERMAN CORPORATION

You have two cows.
You re-engineer 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 decide to have 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 2 cows.
You stop counting cows and open another bottle of vodka.

A SWISS CORPORATION
You have 5000 cows. None of them belong to you.
You charge the owners for storing them.

health and safety anybody? No? ... thought so.

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

AN INDIAN CORPORATION
You have two cows.
You worship them.


A BRITISH CORPORATION

You have two cows.
Both are mad.


AN IRAQI CORPORATION

Everyone thinks you have lots of cows.
You tell them that you have none.
No-one believes you, so they bomb the sh#t out of you and invade your country.
You still have no cows, but at least now you are part of a Democracy…

AN AUSTRALIAN CORPORATION
You have two cows.
Business seems pretty good.
You close the office and go for a few beers to celebrate.

A NEW ZEALAND CORPORATION
You have two sheep.

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