Recession Explained Seriously!!

THE CURRENT ECONOMIC CRISIS EXPLAINED

{ IN THE DESI WAY }

Khaja Bhai is the proprietor of a Nehari Shop in Hyderabad.
Sales are low and, in order to increase them, he comes up with a plan
to allow his customers to eat now and pay later. He keeps track of the
meals consumed on a ledger.
Word gets around and as a result increasing numbers of customers flock
to Khaja Bhai’s Hotel.
Khaja Bhai's suppliers are delighted and are very willing
to sell more and more raw materials for the meals he prepares.
Khaja Bhai shows them his ledger of receivables and they extend him
credit.
A young and dynamic customer service consultant at the local bank
recognizes these customer debts as valuable future assets and gives
Khaja Bhai a credit line and then increases his borrowing limit.
Taking advantage of his customers' freedom from immediate payment
constraints, Khaja jacks up the prices of his Nehari, Kulche, Jabde, Paaye
and Zabaan.
Customers don't mind as they are not required to pay on the spot anyway.
Sales volume increases massively, Banks and suppliers lend more; Khaja
Bhai opens more outlets. He sees no reason for undue concern since he
has the debts of the customers as collateral.
At the bank's corporate headquarters, expert bankers recognize Khaja's
customer loans as assets and transform these into
BONDS. These negotiable instruments are given exotic names such as
JABDA BOND, PAAYA BOND, ZABAAN BOND AND KULCHA BOND.
These securities are then listed on the Stock Exchange and traded on
markets worldwide. No one really understands what the names mean
and how the securities are guaranteed, but, nevertheless, as their prices
continuously climb, the securities become top-selling items.
One day, although the prices are still climbing, a credit risk manager
of the bank decides that the time has come to demand payment of one of
the debts incurred by Khaja Bhai.
Khaja in turn asks his clients to pay up.
One by one they refuse; the clients cannot pay back the debts. Khaja Bhai
refuses to serve them any more. The clients stop coming. is really screwed now. He cannot fulfill his loan obligations
and therefore claims bankruptcy. All Bonds drop in price by between 80 to 95%.
The suppliers of Khaja, having granted generous payment due dates and
having invested in the securities are faced with similar problems. The
Meat Supplier defaults on payment to the Cattle Supplier and
claims bankruptcy. The Kulche Ka Aata supplier is taken over by a
competitor; Khaja lays off the cook and staff.
Bankruptcies soar, unemployment mushrooms.
The bank that lent the money in the first place is set to collapse. It
is later saved by the Government following dramatic round-the-clock
consultations by leaders from the governing political parties with
Khaja Bhai commuting back and forth in his Executive Jet and Mercedes
500SEL, brokering the deal.
The funds required to save the economic collapse are obtained by a tax
levied on the common citizens,
Most Of Whom, Do Not Eat No Nehari No Zabaan No
Sirey No Paye...!!!

GOLMAAL KI JAI HO...!!!

HOPE YOU UNDERSTOOD.. ???