Wall Street, Somali style

[Sir-Luggoyo]

Once upon a time in a village in Somalia , a man announced to the villagers that he would buy monkeys for $10.

The villagers seeing there were many monkeys around, went out to the forest and started catching them.
The man bought thousands at $10, but, as the supply started to diminish, the villagers stopped their efforts. The man further announced that he would now buy at $20. This renewed the efforts of the villagers and they started catching monkeys again.

Soon the supply diminished even further and people started going back to their farms. The offer rate increased to $25 and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it!

The man now announced that he would buy monkeys at $50! However, since he had to go to the city on some business, his assistant would now act as buyer, on his behalf.

In the absence of the man, the assistant told the villagers: 'Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $35 and when he returns from the city, you can sell them back to him for $50.'

The villagers squeezed together their savings and bought all the monkeys.

Then they never saw the man or his assistant again, only monkeys everywhere!

[AbuShabab]

That's exactly what speculators and profiteers do.

[Grant]

@ Sir Lug. That nail was struck firmly on the head.

I believe it was P. T. Barnum who said there is a fool born every minute and two to take him. The sad thing is that the monkeys are now loose worldwide. And the poor will once again pay the price of the rich man's gain.

It's a sad commentary on the human condition.

[ms.nalia]

lol

i like!

[QansaGabeyle]

Awesome.

[dawwa9]

Reminds me of the oil price speculations of 2008

[Gifted]

Very clever.

[Air Canada]

And the moral of the story is..America is doomed for more economic disaster. None of this bailout bullshit is going to work.

Allah, the most merciful, has answered the prayers of suffering Somali mothers.

Allahu Akbar!

[AbuShabab]

None of this bailout bullshit is going to work.

That's why Muslims in the West should begin making their contingency plan.