The
Irish banking crisis simply explained
Contribution from Peter Beadle.
Posted: 20.11.10
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Young
Paddy bought a donkey from a farmer for £100.
The farmer agreed to deliver the donkey the next
day . . . . .
The next day he drove up and said, 'Sorry son, but
I have some bad news. The donkey's died.' Paddy
replied, 'Well then just give me my money back.'
The farmer said, 'Can't do that. I've already spent
it.' Paddy said, 'OK, then, just bring me the dead
donkey.' The farmer asked, 'What are you going to
do with him?' Paddy said, 'I'm going to raffle him
off.' The farmer said, 'You can't raffle a dead
donkey!' Paddy said, 'Sure I can. Watch me. I just
won't tell anybody he's dead.' |
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A
month later, the farmer met up with Paddy and
asked, 'What happened with that dead donkey?'
Paddy said, 'I raffled him off. I
sold 500 tickets at two pounds a piece and made
a profit of £998'.
The farmer said, 'Didn't anyone complain?'
Paddy
said, 'Just the guy who won. So
I gave him his two pounds back.'
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