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Wednesday, January 18, 2012

What They Need Is A Magician

... to pull $600B out of his hat.
BRUSSELS—The International Monetary Fund has identified a need for $600 billion in additional resources to help fight the European debt crisis, a euro-zone official said Wednesday.
Umm, who's got $600B laying around to hand to the IMF?

The rabbit is worth $5. We just need to pull out 120 billion more rabbits.

Image from Fiery Darts.

2 comments:

  1. Secular Apostate7:08 AM

    It's not magic! It's Tribble Economics. :-)

    The Fed likes that theory, too.

    ReplyDelete
  2. And then there's the whole supply-and-demand problem

    1 rabbit is worth $5

    100 billion rabbits is likely to be worth negative-several-hundred-million dollars, if the experience of Australia is any indication.

    ReplyDelete