Richard "collusion hypothesist" B
Monday, 14 October 2019
FCOJ
Posted by
rjb
In the coming weeks I might share my wild and unsubstantiated theories about the Extinction Rebellion. As background it's important that you understand what it means to corner a market: Imagine that it's a hot summer and your soft drinks factory desperately needs 10 tonnes of frozen-concentrated-orange juice. You haven't got much money so you borrow the juice. The chap that lends it to you (let's call him Shylock) wants 11 tonnes back on Halloween. You're confident that you'll have made plenty of money by then, so you can buy Shylock his juice. You sell plenty of fizzy drinks over the summer, make plenty of money, and go out to buy the 11 tonnes of juice that you need for Shylock. Nobody has any to sell except Shylock, or if they do it's wildly over-priced and you lose all your money again paying back your debt. How did it happen? Shylock knew that you were about to go out buying orange juice for him, so went out first and bought IT ALL. He had cornered the market in frozen concentrated orange juice.
Richard "collusion hypothesist" B
Richard "collusion hypothesist" B
Subscribe to:
Post Comments (Atom)
The thought of some snowflake dick disrupting my already incredibly unpleasant commute on the tube makes my blood boil and sympathise with the people dragging them off the trains and kicking the shit out of them
ReplyDeleteDamn communists
Watermelons - Green on the outside, red on the inside.
ReplyDelete