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Article #1348Re: How to Explain Argentina ( was Re: How to Explain Enron to Your Children )
From: David Barts
Date: Mon, 04 Feb 2002 19:59
Date: Mon, 04 Feb 2002 19:59
33 lines
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2437 bytes
glabah@bol.com.br (glabah) wrote in message news:<glabah-0102020122520001@dial-206-103-58-040.easystreet.com>... > How to Explain Argentina's 2002 Economic Plan to your Children: > > You have two cows. The government says to limit milk to 300 litres per > year. You offer to sell the extra milk to a rich neighbor to the north. > When you sell the milk, the government takes the money. You run the > president out of office. The next president is no better, and you run him > out of office as well. After 6 presidents in two weeks, an even richer > neighbor even further north offers to give a large amount of money to the > government so that you can buy the milk your own cows produce. Then there's the more standard formula for third-world kleptocracy: You have two cows. A corrupt government you didn't elect takes them from you, and milks them without feeding them until they die. Then they sweet-talk first-world capitalists into lending them money to get by. Sooner or later the capitalists tire of lending the kleptocrats money, kick them out of power, and insist that YOU pay them back all the money lent to the kleptocrats in order to teach you "responsibility". -- David Barts Portland, OR
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: f824f,bc3cdf12c0415c63 X-Google-Attributes: gidf824f,public X-Google-Thread: 10675b,bc3cdf12c0415c63 X-Google-Attributes: gid10675b,public X-Google-Thread: 1128d6,bc3cdf12c0415c63 X-Google-Attributes: gid1128d6,public X-Google-ArrivalTime: 2002-02-04 11:59:12 PST Path: arc1-ca.pugleaf.net!archiver1.google.com!postnews1.google.com!not-for-mail From: davidb@scn.org (David Barts) Newsgroups: pdx.general,nyc.general,ba.general Subject: Re: How to Explain Argentina ( was Re: How to Explain Enron to Your Children ) Date: 4 Feb 2002 11:59:11 -0800 Organization: http://groups.google.com/ Lines: 33 Message-ID: <d1a6bf42.0202041159.7edf046c@posting.google.com> References: <a2e90d$2ti3$1@pencil.math.missouri.edu> <3Ly28.625$YH6.126@www.newsranger.com> <ISS58.12251$9U4.34280@rwcrnsc54> <glabah-0102020122520001@dial-206-103-58-040.easystreet.com> NNTP-Posting-Host: 129.95.40.37 Content-Type: text/plain; charset=ISO-8859-1 Content-Transfer-Encoding: 8bit X-Trace: posting.google.com 1012852751 3351 127.0.0.1 (4 Feb 2002 19:59:11 GMT) X-Complaints-To: groups-abuse@google.com NNTP-Posting-Date: 4 Feb 2002 19:59:11 GMT