The Boy And The Fishmonger
-
Upload
nathan-zhang -
Category
Economy & Finance
-
view
533 -
download
0
description
Transcript of The Boy And The Fishmonger
The Boy and the Fishmonger
An Inspirational StorySS1 Slide Show Podcast
As told to Nathan Zhang
By the Tree of Life(in a dream of course...)
Once upon a time in the slums...
• There lived a boy and a fishmonger.• They were neighbors.• The boy's father was a paper-collector.• The fishmonger and the father were friends.• The fishmonger lived old and alone.• Thus the fishmonger was like an uncle to the boy.
The fishmonger had a problem...
• He was now in his late forties• He would be retiring soon• He needed a successor
o The successor would manage his small enterpriseo The successor had to come from his slumso He had no familyo Thus, the BOY would have to be his successor!
Just a small problem with that...
• The boy was only twelve• The boy had not gone to school
o In fact, he had no formal schooling• So the fishmonger would have to teach him the
businesso That shouldn't be TOO HARD, should it?
Another problem, sire?
• Actually, YES:o The boy wanted to collect and sell papers
Just like his fathero One problem with that also:
Sales of paper collection was weak• Guess the boy better become a fish seller, huh?
So the boy went off to study fish sales.• At first, he was treated nicely...
o And progressed along fine.• After four trimesters, he started to get lazy.
o He got a serious reprimand for that!• At fourteen, he became the fishmonger's successor.
o His fish sales skyrocketedo He was able to expand the business
The boy's first IPO
• The fish selling house was moved three timeso First to a small warehouseo Then to a garageo Finally to the basement of a skyscraper.
• At this point, the boy decided to go publico He launched an IPOo It was Ayyuthia's first
(BTW: the Boy lived in the land of Ayyuthia) (BTW: Ayyuthia is impoverished at the time)
• The IPO raised four hundred grando In Ayyuthian currency, of courseo Enough to expand into another trade
The Boy, now a Man
• The man moves out of the slumso and into an apartmento where he meets a banker
• The banker investso in real estateo and the man is interested
• The banker offers to teach the mano how to invest in real estateo the man takes up the offer
The man masters real estate
• And quickly begins buying lots of properties• He also sells the properties,
o for a large profito which he reinvests
in his old slums in order to improve his old neighbors' standards of living it's basically an aid package...
• The aid package failso and his neighbors are indebted to him
further perpetuating their poverty trap they HATE him for this
The man realizes his mistake
• And offers to teach his old neighborso his trade
• The man gets his neighbors some casho Basically, MICROCREDIT
which they MUST pay back after three trimesters
• They go out and purchase slums lando Which they develop
and sell for a huge profit
• They pay off their debt• And love the man again
The man receives his earnings
• and saves it for a rainy day• He now has more money• He's even richer• He buys himself a tract of land
o which he builds a shopping center ono and moves into a house
• His fish selling businesso moves into the shopping center
• The banker opens a brancho of his bank
in the shopping center
Then disaster strikes!
• a typhoon rips through Ayyuthia• the shopping center is destroyed• the fish all rot• looting takes place
o during which the bank is robbed during which the banker is shot
and is D.O.A. at the hospital which isn't much of a hospital.
• The man is so depleted of his capitalo he must return to the slums
which, BTW, doesn't exist anymore due to the typhoon
Using whatever capital left,
• The man rebuilds the slums• He sells fish again• He makes enough to expand• He IPO's• He moves his business
o into the basement of a new skyscraper
(the old having been damaged by the typhoon)
(and gone derelict)• The man starts over• and passes GO
o not collecting $200
The man reinvests in real estate
• And makes enough to resume MICROBANKING• Pulls his friends out of poverty
o they leave the slumso and together buy a tract of land
where they build a discount store• People across Ayyuthia come to buy stuff
o And they make a huge profit• The buy another tract of land
o and build a skyscraper• Ayyuthia is now a developing country
o no longer impoverished
Then, a Credit Crunch!
• The financial crisis wipes outo the savings of the poor
all over the world• The rich are now poor• The poor are now poop• REAL poop is now a commodity• The man and his friends
o buy up lots of REAL poop and turn it into a security
They make a profit and the people hate them
Restoring reputations...
• is not extremely easy• it IS extremely HARD• But the man and their friends find a way
o by reinvesting the money in small enterprises
started by the poop people• The world of finance rebounds
o And Ayyuthia, which didn't do stimulus payments
and followed common sense is now a WEALTHY country
The man grows old
• And needs a successor• so he goes back to the slums
o which, BTW, is no longer a slum but a massive apartment project
• He finds a boy of about twelve• and teaches him fish selling
o hoping that one day the boy will...
...SAVE THE WORLD
from poverty, war, and...
...UNITE THE WORLD!!!
Fine.
http://shenshuaione.wordpress.com