This article is not just picking on the United Kingdom.  The same slight of hand financing is going on in the USA and in other countries.  The business consultant who sent me this article does not see an economic upturn for a few years.  Follow the money trail and attempt to understand what took place:

A DAY IN THE LIFE OF A £50  NOTE

It’s a slow day in the harsh northern town called Burnley  there’s a chill in the air, and the streets are deserted.

Times are tough, everybody is in debt, and everybody lives on  credit …….

On this particular day a well to do type o’ guy is driving through town. He stops at a local hotel and lays a £50 note on the desk saying he wants to inspect the rooms, as he wants to spend a night in the town.

As soon as the man walks upstairs, the hotel owner grabs the £50 and runs next door to pay his debt to the butcher.

The butcher takes the £50 and runs down the street to settle his debt to the farmer.

The farmer takes the £50 and heads off to pay his bill at the supplier of his animal feed.

The guy at the Farmer’s Co-op seizes the £50 and runs to pay his debt to the local prostitute, who has also been facing hard times and has had to offer her “services” on credit.

She in turn dashes to the hotel and pays off her room bill with the hotel owner.

The hotel proprietor then places the £50 note back on the counter to await the return of the well to do guy.

A few minutes later the guy returned to the desk, says the rooms are not satisfactory, pockets the £50 and leaves town.

No one produced anything. No one earned anything.

However, everyone concerned is now out of debt and now looks to the future with great optimism.

And that, dear readers, is how the United Kingdom’s Government is conducting business today.

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