Ceramic Heating For Lizards

debt and donkeys

requested is a prestigious financial advisor to explain this crisis in a simple, so that ordinary people understand their causes.

This was his story:

A man went to a village where he had never been before and offered its people 100 euros for every donkey that he sold. Much of the population to sell their animals.

returned the next day and offered the best price, 150 per burrito, and a similar number of people sold theirs. And then offered 300 euros and the rest of the people sold the last donkeys.

Seeing that there were more animals offered 500 euros for each burrito, meaning that the purchase next week, and left.

The next day he sent his assistant with the donkeys he bought from the same village for donkeys offered at 400 euros each.

Given the possible gains next week, all the villagers bought their donkeys to 400 euros, and who does not have the money it borrowed. In fact, they bought all the donkeys in the region.

As expected, the assistant was gone, like the man, and never reappeared.

Result:

La aldea quedó llena de burros y endeudados. Hasta aquí lo que contó el asesor. Veamos lo que pasó después:

• Los que habían pedido prestado, al no vender los burros, no pudieron pagar el préstamo.
• Quienes habían prestado dinero se quejaron al ayuntamiento diciendo que si no cobraban, se arruinarían ellos; entonces no podrían seguir prestando y se arruinaría todo el pueblo.
• Para que los prestamistas no se arruinaran, el Alcalde, en vez de dar dinero a la gente del pueblo para pagar las deudas, se lo dio a los propios prestamistas. Pero estos, ya cobrada gran parte Money, however, spared no debts to the people, which just went into debt.
• Mayor of the City squandered the budget, which was also in debt.

Then borrow money from other municipalities, but these will say they can not help because, as is ruined, it may not charge after you pay.

The result:

• The principle savvy, lined.

• lenders, with their profits resolved and a lot of people who will charging what they borrowed plus interest, even taking over the devalued and donkeys with which they will never cover the entire debt.
• ruined and many people without a donkey for life.
• The City also ruined. Result

final "?:

To solve this and save all the people, the City lowered the wages to its employees, froze pensions, raised taxes etc ...