UNDERSTANDING WORLD ECONOMICS

TRADITIONAL ECONOMICS

You have two cows. You sell one and buy a bull.

Your herd multiplies and the economy grows.

You retire on the income.

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INDIAN ECONOMICS

You have two cows.

You sell one to overcome debts.

You worship the other

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PAKISTAN ECONOMICS

You don't have any cows.

You claim that the Indian cows belong to you.

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AMERICAN ECONOMICS

You have two cows.

You sell one and force the other to produce the milk of four cows.

You profess surprise when the cow drops dead.

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BRITISH ECONOMICS

You have two cows.

They are both mad cows.

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AUSTRALIAN ECONOMICS

You have two cows.

One cow can give milk only when US & UK permits. And the other cow is lazy and just don't care to give milk!!!!

So People in the country rely highly on Liquor and prepare strategies to for cows to live long !!!

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ITALIAN ECONOMICS

You have two cows.

You don't know where they are.

You break for lunch.

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CHINESE ECONOMICS

You have two cows.

You have 300 people milking them.

You claim full employment, high bovine productivity and arrest anyone reporting the actual numbers.

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MIDDLE & FAR EAST ECONOMICS

You have two cows.

You give permission to US & British to make military bases & protect the cows.

They kill & eat the cows & return only the bones, saying it was a

mistake & promise to give two F16 fighter jets in return!