Andy Ramblings

BBC once had a TV show called 'One Man and His Dog'  This was all about shepards, their dogs and a few sheep, Trials kind of thing. Not the most interesting program, kinda program you might catch if you were off school for being ill.

Now if they did the same show, but did it this way... Watch the video... It would have been a lot more fun, and I can only guess brought in more viewers.

THE FINANCIAL CRISIS EXPLAINED IN SIMPLE TERMS:

· Heidi is the proprietor of a bar in Berlin.

· In order to increase sales, she decides to allow her loyal customers - most of whom are unemployed alcoholics - to drink now but pay later.

· She keeps track of the drinks consumed on a ledger (thereby granting the customers loans).

· Word gets around, and as a result increasing numbers of customers flood Into Heidi's bar.

· Taking advantage of her customers' freedom from immediate payment constraints, Heidi increases her prices for wine and beer, the most-consumed beverages.

Her sales volume increases massively.

· A young and dynamic customer service consultant at the local bank recognizes these customer debts as valuable future assets and increases Heidi's borrowing limit.

· He sees no reason for undue concern since he has the debts of the alcoholics as collateral.

· At the bank's corporate headquarters, expert bankers transform these customer assets into DRINKBONDS, ALKBONDS and PUKEBONDS.

· These securities are then traded on markets worldwide.

· No one really understands what these abbreviations mean and how the securities are guaranteed.

· Nevertheless, as their prices continuously climb, the securities become top-selling items.

· One day, although the prices are still climbing, a risk manager (subsequently, of course, fired due to his negativity) of the bank decides that slowly the time has come to demand payment of the debts incurred by the drinkers at Heidi's bar.

· However they cannot pay back the debts.

· Heidi cannot fulfill her loan obligations and claims bankruptcy. DRINKBOND and ALKBOND drop in price by 95%.

· PUKEBOND performs better, stabilizing in price after dropping by 80%.

· The suppliers of Heidi's bar, having granted her generous payment due dates and having invested in the securities are faced with a new situation.

· Her wine supplier claims bankruptcy, her beer supplier is taken over by a competitor.

· The bank is saved by the government following dramatic round-the-clock consultations by leaders from the governing political parties.

· The funds required for this purpose are obtained by a tax levied on the non-drinkers.


· Finally, an explanation we understand.

Most criminals who get caught are not always the brightest sparks, well they got caught? isn't that a give away ? So here's this bright spark (well a dim one, but there is a spark there) He has a master plan, he needs to get out of the hell hole that a state prison in Georgia, USA Not Georgia in the Caucasu. Anyway, he's got this plan, Escape! It works very well, he gets out, he's a free man! Nobody say him do a runner. Brilliant, pure genius! 

This is where the real plan fails, he was out of cigarettes, he was so desperate to get some, he hatched the escape plan, got out, and raided a local store, no he didn't pay for the ciggies, no he stole them, so far so not bright spark!

The spark has now just gone out! He master plan was to escape the prision, raid a local store for a few cartages of ciggies, then try and creep back in. Yep, he got caught when he was creeping back in with the swag of ciggies. Genius!

You don't think this is true ? well it's all here on the good old BBC, here from the Huffington post.

I'll put this down as Escape Fail!

A short and very simple story .