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A man went to the market to sell pigs; it started to rain as night fell, and he failed to sell all twenty pigs (enhanced version)

2010-11-18View Original

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A man went to the market to sell pigs; it started to rain as night fell, and he failed to sell all twenty pigs. He then went to a farmer’s house to stay there for the night. The young woman said: It’s inconvenient with only one person at home. Man: Please, sister, give me a pig. Woman: Well, but there’s only one bed at home. Man: I’m going to bed too; I’ll give the pig one more. Woman: Agree. In the middle of the night, the man and woman discussed it; he suggested that he sleep on top of her, but she refused. Man: Give two to the pigs. The female attendant was ordered not to move once she went up there. After a while, the man couldn’t hold back and begged to move, but the woman refused. Man: Move it and give it to the pigs. The woman agrees. The man moved eight times and then stopped; the woman asked why he stopped The man said the pig was gone. The woman said in a soft voice, \"How about I give you pigs...\" At dawn, the man whistled and herded 30 pigs (including 10 from the married woman’s household) to the market... A Harvard mentor commented: To uncover users’ underlying needs, it is necessary to guide them at the beginning and foster those needs; therefore, the investment required is in line with the laws of development. (Enhanced version) Another man, upon learning of this, decided to do the same thing. He went to the market to sell pigs; it was dark and raining, and he failed to sell all twenty pigs. So he went to a farmer’s house to stay there for the night. The young woman said: It’s inconvenient with only one person at home. Man: Please, sister, give me a pig. Woman: Well, but there’s only one bed at home. Man: I’m going to bed too; I’ll give the pig one more. Woman: Agree. In the middle of the night, a man and a woman; I wanted to sleep on top of her, but she refused. Man: Give two to the pigs. The female attendant was ordered not to move once she went up there. After a while, the man couldn’t hold back and begged to move, but the woman refused. Man: Move it and give it to the pigs. The woman agrees. The man moved seven times and then stopped; the woman asked why he stopped The man said, “It’s done~~~” The woman: …… When day broke, the man, with his head lowered, drove the two pigs to the market…… A Harvard mentor commented: Investments should be made cautiously, taking into account the company’s size, in order to avoid problems related to a broken capital chain. Another man, upon learning of this, decided to repeat the same trick while also learning from it. He first used one pig in exchange for a dose of Viagra. Once that was done, at dawn, he herded 38 pigs (including 18 from the married woman’s household) to the market... A Harvard professor commented: If businesses receive support in the form of financial capital, their operational capabilities will increase significantly. Knowing that many men use this method, demand for Viagra is high; gradually, two or three pigs had to be exchanged for one pill of Viagra. Harvard mentor’s comment: This is inflation. When the price of Viagra rose to 16 heads per pill, a Harvard professor commented that such a man has reached the point of marginal cost; aside from having confidence in his own abilities and positive aspirations for the future, his actual chances of success are zero. But more and more men were willing to exchange pigs for Viagra; the decision to sell Viagra led to an expansion of production capacity, with a cheaper alternative to Viagra being introduced. If one lacked a pig, they could borrow one as long as they promised to spend the night with that woman, and the cost of the pig would be paid later after the task was completed. This approach **boosted Viagra sales**. Comment from Harvard mentor: This is a loan that allows businesses to borrow working capital based on future earnings. The Viagra specialty store would later allow you to borrow it even if you didn’t have a pig at all, as long as you promised to spend the night with that woman; you could pay for the pig later once the task was completed. Comment from a Harvard mentor: This is financial innovation – it allows people to spend money from the future, since anyway, when you’re old, you won’t be able to use that money anyway. As soon as the news spread, more and more people started to get involved in this. Some went to Viagra specialty stores; this is an excellent opportunity. We can turn it into a high-quality fund and sell bonds, so that you can also share in my profits. What do you think? The result pleased the Viagra specialty store, so the company classified the men who wanted to exchange pigs into three categories: those who exchanged cash pigs, those who borrowed some cash pigs, and those who didn’t borrow any cash pigs at all; three different types of bonds were issued accordingly. Everyone rushed forward eagerly. People flocked to buy bonds issued by the Viagra specialty stores. With such excellent business performance, these stores outsourced the sale of those bonds to another company, which also reaped huge profits. As the company grew larger, it was able to issue bonds regardless of the actual sales volume of Viagra, thereby generating substantial cash gains for itself and the Viagra specialty stores. Comment from a Harvard mentor: This is what professionals do – doing their job professionally; from physical business operations to capital management, the economy has reached a higher level. To prevent potential losses on its bonds in the future, the company decided to insure them; this made it easier to sell the bonds, as in case there were problems with them, the company could receive compensation from the insurance company. Wow, bond sales became much easier as a result, and the insurance company also earned substantial income without any effort. Comment from Harvard mentor: This is risk hedging and strategic alliances, which enhance a company’s resilience to risks and also protect the interests of consumers. There are too many men willing to exchange pigs; long queues form, and the woman can’t stand it anymore – she says, \"I’m done; I’m moving away.\" Suddenly, there are countless men with Viagra who are willing to do this. Comment from Harvard mentor: This is an isolated phenomenon that constitutes normal market fluctuations and will not affect the entire economy. As a result, the woman refused to move back for a long time. Some of those in debt to the pig owners had no income, so they resorted to defaulting on their payments. As a result, when many of the bonds matured, there was no money available to buy pigs with. The bond companies saw that 16 pigs were equivalent in value to one Viagra pill, and realized that it was impossible to repay such debts; thus they declared bankruptcy. Harvard mentor’s comment: This is a subprime mortgage crisis; it won’t affect the entire financial industry. Who would have thought that the bond company had also insured those bonds? When the insurance company saw that it was impossible to cover the losses, it too announced its intention to go bankrupt. Comment from Harvard mentor: This is a financial crisis; it has not yet affected the entire real economy. Later: It is said that the woman has moved to China to settle down.
Reply #22010-11-18
China is great; it’s better to go to China
Reply #32010-11-18
The words may be harsh, but the truth holds! ! ! ! ! ! ! !
Reply #42010-11-18
An old topic with new implications – many companies need to give it some thought.
Reply #52010-11-18
An old topic, new approach – a suitable subject for studying economics
Reply #62010-11-19
Hehe, I’ve seen it before; it’s a really good example, huhu. . . . . . . .
Reply #72010-11-19
The essence is that China’s current framework has absolute problems. The real economy is utterly incomparable to bubble-driven industries; no one can determine exactly how large the bubble is, and it’s only when the bubble bursts that we will know.

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