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How Is This Possible? (9 pics)

  • Category: Pics  |
  • 10 Jun, 2012  |
  • Views: 18782  |
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1 How Is This Possible? (9 pics)


2 How Is This Possible? (9 pics)


3 How Is This Possible? (9 pics)


4 How Is This Possible? (9 pics)


5 How Is This Possible? (9 pics)




6 How Is This Possible? (9 pics)


7 How Is This Possible? (9 pics)


8 How Is This Possible? (9 pics)


9 How Is This Possible? (9 pics)


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№1 Author: Nsibai (11 Jun 2012 00:18) Total user comments: 5694


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how?X
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№2 Author: redbullkitten (11 Jun 2012 00:26) Total user comments: 330


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They were all in debt to each other, and they all paid each other back so technically they are out of debt?
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№3 Author: Louie (11 Jun 2012 00:50) Total user comments: 8189


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oookk
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№4 Author: fairmania (11 Jun 2012 01:21) Total user comments: 1436


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A truly sad example of where the world is today.

If all the countries were able to balance out who owed who, and how much, this would ring a larger more resounding note than we may all be able to conceive of.

It doesn't matter if it's true or not, this is where we are.

Shit, isn't it!
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№5 Author: NAK5891 (11 Jun 2012 01:56) Total user comments: 61


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it only works because the first guy stole the money. That is how it got started. He didn't produce anything.
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№6 Author: DocMcCoy (11 Jun 2012 02:27) Total user comments: 6039


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He was a banker. The government gave it to him from their taxes. 12
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№7 Author: russrat (11 Jun 2012 03:46) Total user comments: 1


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I doubt they are out of debt. Not everyone owes the same exact amount in the country.
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№8 Author: adzhoe (11 Jun 2012 06:51) Total user comments: 14959


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Doesn't work that way.
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№9 Author: mahedi (11 Jun 2012 07:55) Total user comments: 10772


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What a village
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№10 Author: Boahmad (11 Jun 2012 08:38) Total user comments: 230


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ok
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№11 Author: Jinxaruny (11 Jun 2012 09:38) Total user comments: 10324


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Hahahaha! 07
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№12 Author: Tibidibidi (11 Jun 2012 12:04) Total user comments: 12


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Another version ends like this : the german says "you can keep that bill, in fact it's counterfeit"...
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№13 Author: salsapopo (11 Jun 2012 12:20) Total user comments: 12723


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hahahahahahahaha
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№14 Author: Lu (11 Jun 2012 18:37) Total user comments: 15082


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Somewhere down the line somebody did not produce anything, and NAK5891 rules.
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№15 Author: Scoobs (11 Jun 2012 23:32) Total user comments: 1653


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13 wtf
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№16 Author: rakib00 (12 Jun 2012 00:09) Total user comments: 78


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Its the hookers billl, the hotel owners earned money, thats been taken by the villagers and cleared all the debt.
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№17 Author: johnny Reynoso (12 Jun 2012 00:13) Total user comments: 3712


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sadfgbzdfb 10
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№18 Author: ClabbeSwe (12 Jun 2012 00:31) Total user comments: 209


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In Sweden the government would have taken 25% in every transaction except the ones made between companies. Therefore Sweden works, thus making the inhabitants poorer and poorer. 07
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№19 Author: Fat After HighSchool (12 Jun 2012 03:37) Total user comments: 4


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Best part is since the hotel owner was able to use the dollar and all transactions were made immediately to replace it before the tourist came back, all the money was debt free! Since this illustration shows Greeks as poor, it made me think of this Stranger's With Candy Quote: "Greeks are just Jews without money." referenced in the link below.

http://www.youtube.com/watch?v
=QbRoX0qwU6E
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№20 Author: Folant (12 Jun 2012 08:33) Total user comments: 349


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this is a fine example of how we actually can live without money, and can only resources.
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№21 Author: joffenbaker (12 Jun 2012 16:14) Total user comments: 4965


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Oh, I like that one too many!
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№22 Author: carmel33 (12 Jun 2012 20:14) Total user comments: 1


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The answer is because there is no debt to begin with. No debt in the sense that more money is owed to others than is owed to the people paying the debts. It starts with the hotel manager being $100 in [/i]debt[i] to the butcher. He really isn't in debt because the hooker owes him $100 as well. In accounting terms it is an account receivable. Everyone in this story owes $100 to someone else but at the same time is in fact owed $100 by another person resulting in no net gain or loss.

In the beginning there is $500 owed (liability) and $500 to be received (asset) the town in a macro sense has no debt at all.
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№23 Author: Stormy McCloud (13 Jun 2012 18:11) Total user comments: 6


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carmel33,

Good explanation!
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