Vijay For Victory

This is one of the best illustrations to understand what Capitalism is all about.

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

This is what called generation gap.

Thanks Abstruse Goose

Social Media websites are making a huge change in our day to day life. There are many Social Media websites available over the Internet. Understanding many of such websites is really complex for dummies

Here is a simple pictorial explanation for those who want to understand few of the popular Social Media websites.

via 9gag.com

More than one person in 10 suffers from migraine, a complaint that can have a serious impact on daily life. Migraine, therefore, is more than just a headache.

This short film explains exactly what migraine is and what you can do to limit or even prevent the symptoms in easy to understand terms.

Video Link : Migraine

Google Wave is “a personal communication and collaboration tool” released on 30 Sep 2009. The initial release of Google Wave is for selected 100,000 users by Google.

If you want to understand, what is Google Wave all about? then here is the 2 mins (approx) video that explains about Google Wave.