Vijay For Victory

What does Bailout mean? Learn Financial jargon in a funny way.

It is a slow day in a little Greek Village. The rain is beating down and the streets are deserted. Times are tough, everybody is in debt, and everybody lives on credit.

On this particular day a rich German tourist is driving through the village, stops at the local hotel and lays a €100 note on the desk, telling the hotel owner he wants to inspect the rooms upstairs in order to pick one to spend the night.

The owner gives him some keys and, as soon as the visitor has walked upstairs, the hotelier grabs the €100 note and runs next door to pay his debt to the butcher.

The butcher takes the €100 note and runs down the street to repay his debt to the pig farmer. The pig farmer takes the €100 note and heads off to pay his bill at the supplier of feed and fuel.

The guy at the Farmers’ Co-op takes the €100 note and runs to pay his drinks bill at the taverna. The publican slips the money along to the local prostitute drinking at the bar, who has also been facing hard times and has had to offer him “services” on credit. The hooker then rushes to the hotel and pays off her room bill to the hotel owner with the €100 note.

The hotel proprietor then places the €100 note back on the counter so the rich traveller will not suspect anything. At that moment the traveller comes down the stairs, picks up the €100 note, states that the rooms are not satisfactory, pockets the money, and leaves town.

No one produced anything. No one earned anything. However, the whole village is now out of debt and looking to the future with a lot more optimism. And that, Ladies and Gentlemen, is how the bailout package works.

What is Banking is no more a complex thing to explain.

Image Credit : MTTS

Where did the phrase ‘a wolf in sheep’s clothing’ come from? And when did scientists finally get round to naming sexual body parts?

This video ‘The History of English’ squeezes 1600 years of history into 10 one-minute bites, uncovering the sources of English words and phrases from Shakespeare and the King James Bible to America and the Internet.Bursting with fascinating facts, the series looks at how English grew from a small tongue into a major global language before reflecting on the future of English in the 21st century.

If you are interested in History, especially about United Kingdom or Great Britain or England, this is the video to watch.

Excellent explanation about the difference among these three and lot more in a five minutes video from Grey’s Blog

Maintaining strong passwords in online is always a challenge for everyone. Maintaining a same password for all websites is very risk. No matter how strong your password is, even if it is compromised in one website then you loose your data.

Choosing strong password is not so hard. There are many ways to choose strong password. Also you can check your strength of the password in various ways.

Mozilla come up with a video explanation on how to maintain different password for different websites in easy manner. These tips will help you protect your online data.

Have a secure surfing!

Peer-to-peer file sharing is a famous way of sharing large files over internet. BitTorrent is a protocol designed by Bram Cohen.

Here is an informative video that explains BitTorrent in plain English.

Augmented Reality is a word that is becoming popular after varieties of Smart phones hit the market.

What is Augmented Reality?

Wiki defines Augmented Reality as,

Augmented reality (AR) is a term for a live direct or indirect view of a physical real-world environment whose elements are augmented by virtual computer-generated imagery.

Lee provided us a brilliant video to explain the jargon.