Economics For Dummies
SOCIALISM You have 2 cows. You give one to your neighbor.
COMMUNISM You have 2 cows.The State takes both and gives you some milk
FASCISM You have 2 cows.The State takes both and sells you some milk
NAZISM You have 2 cows.
The State takes both and shoots you.
BUREAUCRATISM You. have 2 cows.
The State takes both, shoots one, milks the other dry, and then throws the milk away
TRADITIONAL CAPITALISM You have two cows.
You sell one and buy a bull.Your herd multiplies, and the economy grows.
You sell them and retire on the income.
VENTURE CAPITALISM You have two cows. You sell three of them to your publicly listed company, using letters of credit opened by your dodgy lawyer at the bank, then execute a debt/equity swap with an associated general offer so that you get all four cows back, with a tax exemption for five cows.
The milk rights of the six cows are transferred via an intermediary to a Cayman Island Company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company.
The annual report says the company owns ten cows with an option on one more.
SURREALISM You have two giraffes.The government requires you to take harmonica lessons.
AN AMERICAN CORPORATION You have two https://t.co/l6q6T1ojUC sell one and force the other to produce the milk of four cows.
Later, you hire a consultant to analyze why the cow has dropped dead.
A SPANISH CORPORATION
You have two cows. You borrow lots of euros to build barns, milking sheds, hay stores, feed sheds, dairies, cold stores, abattoirs, cheese units and packing sheds.
You still only have two cows.
A FRENCH CORPORATION You have two cows.
You go on strike, organize a riot, block the roads and dump 5 tons of cowshit on the steps of the National Assembly because it’s a national pastime.
A GREEK CORPORATION
You have two cows borrowed from French and German banks.
You eat both of them.
The banks call to collect their milk, but you cannot deliver so you call the IMFT.
The IMFT loans you two cows.
You eat both of them.
The banks and the IMF call to collect their cows/milk.
You are out getting a haircut.
A JAPANESE CORPORATION
You have two cows.
You redesign them so they are one-tenth the size of an ordinary cow and produce twenty times the milk.
You then create a clever cow cartoon image called a Cowkimona and market it worldwide.
AN ITALIAN CORPORATION
You have two cows, but you don't know where they are.
You decide to have lunch.
A SWISS CORPORATION
You have 5000 cows. None of them belong to you.
You charge the owners for storing them.
A CANADIAN CORPORATION
You have two cows. Both are sorry.
AN AUSTRALIAN CORPORATION
You have two cows.
Business seems pretty good.
You close the office and go to the pub for a few beers to celebrate.
A CHINESE CORPORATION
You have two cows.
You have 300 people milking them.
You claim that you have full employment, and high bovine productivity.
You arrest the newsman who reported the real situation.
AN INDIAN CORPORATION
You have two cows.
You worship them.
A BRITISH CORPORATION
You have two cows.
Both are mad.
AN IRAQI CORPORATION
Everyone thinks you have lots of cows.
You tell them that you have none.
No one believes you, so they bomb the fuck out of you and invade your country.
You still have no cows, but at least you are now a democracy.
A NEW ZEALAND CORPORATION
You have two cows.
The one on the left looks very attractive...
This is an extremely interesting article.
Candidly, I must be in the cohort that either isn’t prompting AI effectively or using the wrong models.
I’ve tried to use AI to produce catchy video thumbnails, edit clips, create infographics and translate videos to other languages and the AIs fail miserably every time…
If anyone has any tips on the best AI tools for video and design creation, please do let me know!
A professional does not take success or failure personally but keeps on going …
Steven Pressfield, author of The War of Art (& a bunch of other amazing books) on the Huberman Lab podcast. PS: he wrote his first book at 52, resistance trains every day at 4:45 and is 82 now (!)