The Solution to the Global Financial Crisis
August 17, 2009
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The Solution to the Global Financial Crisis
By Prieur du Plessis - May 11th, 2009, 12:15PM
In a small town on the South Coast of France, the holiday season is in full swing, but it is
raining so there is not too much business taking place.
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 a hurry and rushes to his meat supplier to whom
he owes E100.
• The butcher takes the money and races to his 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 quickly goes to the hotel, as she was owing the hotel for her hourly room
used to entertain clients.
At that moment, the rich Russian comes down to reception and informs the hotel owner
that the 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’s
people look optimistically towards their future.
Could this be the solution to the global financial crisis?
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