Tuesday, February 17, 2009

The Paradox of Meltdown

I came across this interesting incident about the current recession:

This Story is about a man who once upon a time was selling hotdogs by the roadside.

He was illiterate, so he never read newspapers.

He was hard of hearing, so he never listened to the radio.

His eyes were weak, so he never watched television.

But enthusiastically, he sold lots of hotdogs.

He was smart enough to offer some attractive schemes to increase his sales.

His sales and profit went up.

He ordered more a more raw material and buns and use to sale more.

He recruited a few more supporting staff to serve more customers.

He started offering home deliveries. Eventually he got himself a bigger and better stove.

As his business was growing, the son, who had recently graduated from college, joined his father.

Then something strange happened.

The son asked, "Dad, aren't you aware of the great recession that is coming our way?"

The father replied, "No, but tell me about it." The son said, "The international situation is terrible.

The domestic situation is even worse. We should be prepared for the coming bad times."

The man thought that since his son had been to college, read the papers, listened to the radio and watched TV, he ought to know and his advice should not be taken lightly.

So the next day onwards, the father cut down his raw material order and buns, took down the colourful signboard, removed all the special schemes he was offering to the customers and was no longer as enthusiastic.

He reduced his staff strength by giving layoffs.

Very soon, fewer and fewer people bothered to stop at his hotdog stand.

And his sales started coming down rapidly, same is the profit.

The father said to his son, "Son, you were right".

"We are in the middle of a recession and crisis. I am glad you warned me ahead of time."

Moral of The Story:
We actually FUEL this recession much more than we think we do!!!!!!


Lilly's Life said...

Oh this is terrific. The story is true isnt it? We do fuel it over and over.

Jo said...

Omigosh, yes! It's the difference between pessimism and optimism.

lakeviewer said...

Right on. Our expectations color our reality.

Sink said...

I have wondered this very thought. Good tale.

RuneE said...

Thank you very much for the greeting! I have seen it before, and I see it now - you are no mean blogger yourself - you have made some very important points in this post. We are being overcautious - and fuel our own negative drive.

The Things We Carried said...

This is so true. perfect example.

Have I told you how much your comments mean to me at my blog? Thank you for your kindness. Truly! I hope this finds you and yours well.

Gaston Studio said...

So TRUE! Interesting blog and am now following.

Thanks, btw, for visiting my blog today via Authorblog.

muthu said...

hi introspection - Haven't seen yu for a while.... :)

you ain't blogging??

Anna said...

OMG this is so so true, I am glad that someone put into this story, because tells all. Thanks for sharing. Anna :)

Mariana Soffer said...

This happens in many aspects of life you belife, invent or make belive something is going to happen and that causes you to make it happen for real.

The Things We Carried said...

I miss you and wonder how you are. I hope life has been good to you. I recall the posts you wrote in atime of change for you and often wonder how you are.

Antarman said...

Very good post..but why no updates on any of your blogs?