finance

The Financial Meltdown for Dummies

by Haitham Sabbah November 30, 2008

Once upon a time a business man goes to a distant village and offers the villagers to buy their donkeys for $10 each, so some sell their donkeys to him. Then he raises the price to $15 per donkey, and more villagers sell their donkeys. The businessman then offers $30 per donkey, so all remaining [...]

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