HackitZ Blog

The Banking Crisis in laymens terms

A young man bought a horse from a farmer for $100.

The farmer agreed to deliver the horse the next day....

The next day he drove up and said, 'Sorry son, but I have some bad news. The horse died..'
The man replied, 'Well then just give me my money back.'
The farmer said, 'Can't do that. I've already spent it.'

The man said, 'OK, then, just bring me the dead horse.'
The farmer asked, 'What are you going to do with him?'
The man said, 'I'm going to raffle him off.'
The farmer said, 'You can't raffle a dead horse!' the man said, 'Sure I can. Watch me. I just won't tell anybody he's dead.'

A month later, the farmer met up with the man and asked, 'What happened with that dead horse?'

The man said, 'I raffled him off. I sold 500 tickets at two dollars apiece and made a profit of $898'
The farmer said, 'Didn't anyone complain?'

The man said, 'Just the guy who won. So I gave him his two dollars back.'

The man now works for the Capiatl One.