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The Australian Economy Explained

How our economy works:

It’s a slow day in Gulargumbone ( small place in Australia)

The sun is beating down, and the streets are deserted.

Times are tough, everybody is in debt, and everybody lives on credit…..

On this particular day a rich tourist from Sydney is driving through town.

He stops at the motel and lays a $100 note on the desk saying he wants to inspect the rooms upstairs in order to pick one to spend the night.

As soon as the man walks upstairs, the owner grabs the $100 and runs next door to pay his debt to the butcher.

The butcher takes the $100 and runs down the street to retire his debt to the pig farmer.

The pig farmer takes the $100 and heads off to pay his bill at the supplier of feed and fuel.

The guy at the Farmer’s Co-op takes the $100 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her “services” on credit.

The hooker rushes to the hotel and pays off her room bill with the

hotel owner. The hotel proprietor then places the $100 back on the counter so the rich Traveler will not suspect anything.

At that moment the traveler comes down the stairs, picks up the $100 note, states that the rooms are not satisfactory, pockets the money, and leaves town.

No one produced anything.

No one earned anything.

However, the whole town is now out of debt and now looks to the future with optimism.

1 Comment

  1. Ray Keefe

    Hi Marc,

    This is an amusing post that made me laugh, but I’m definitely keen to be actually producing something for our manufacturing clients.

    We deliver tangible outcomes in order to get paid. Things like:
    – electronics schematic circuit diagrams
    – printed circuit board layouts also commonly known as PCB
    – prototype electronics assembly
    – working embedded software system
    – working PC based software written with Visual Studio, Borland Rad Studio, Delphi or C++
    – embedded software source code written in C or C++
    – complete electronics product
    – small production run of electronics products programmed, calibrated and tested
    – test report, technical report or consultants report

    We even work with legacy systems that other electronics consultants and engineers can’t make work properly. Those out-dated systems are usually the most fun because the client usually has made a huge investment that has already been paid back so extending its useful life is often a pure profit alternative to developing a new product from scratch.

    We are always producing something, including some award winning products for Australian Electronics Manufacturers. We’ve actually created a page with all our Engineering and Business Awards.

    Thanks for your great input,

    Ray Keefe
    Successful Endeavours Pty Ltd

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