Funny Bank Joke
April 23, 2009 · Published By Admin
Subject: Banking explained
A.) Bankers take more money from People and return less
B.) Bankers take even more money from People and return even less
C.) Bankers take HUGE amount of money from People and return nothing
The above steps are further explained below;
1.) There are two types of people in the world – The Bankers and The People
2.) The Bankers are smart, The People are stupid
3.) People earn money by getting paid for hard work or selling something they have (businesses) .
4.) Bankers earn money by taking more money from people and giving them back less money, they call this ‘interest’
(People keep their money in the bank on 2-3% interest, People take loans from the bank on 14-16% interest)
5.) Once the Bankers have a steady stream of money from the People as given in ‘4′, they get bored and they decide to fool the people some more
6.) The Bankers now come up with ‘financial products’ so that the People will give them more money thinking that they’ll make more money (high return, more interest)
7.) The Bankers now give this money to people who’ll not be able to pay back the high return, more interest
8.) The Bankers declare a “financial crisis” keeping all the focus on the people who didn’t pay back the high interest (which was always unrealistic)
9.) The Bankers then take more money from the People (Bailouts) to compensate for the defaulted loans
10.) The Bankers don’t have to repay this money to the people whom it was taken from because they have been told that their ‘financial products’ are now bust.






Comments
We encourage visitor participation by posting comments to articles on this site. By submitting comments, you agree to adhere to EVLiving's Terms of Service.