DEFINE ECONOMICS

'Progress is impossible without change, and those who cannot change their minds cannot change anything' - George Bernard Shaw

TRADITIONAL ECONOMICS

You have two cows. You sell one and buy a bull.

Your herd multiplies and the economy grows.

You retire on the income.

INDIAN ECONOMICS

You have two cows.

You worship them.

PAKISTAN ECONOMICS

You don't have any cows.

You claim that the Indian cows belong to you.

You ask the US for financial aid,

China for military aid,

British for Warplanes,

Italy for machines,

Germany for technology,

French for submarines,

Switzerland for loans,

Russia for drugs

Japan for equipment.

You buy the cows with all this

And claim exploitation by the world.

AMERICAN ECONOMICS

You have two cows.

You sell one and force the other to produce the milk of four cows.

You profess surprise when the cow drops dead.

You put the blame on some nation with cows & naturally that nation will be a danger to mankind.

You wage a war to save the world and grab the cows.

FRENCH ECONOMICS

You have two cows.

You go on strike because you want three cows.

GERMAN ECONOMICS

You have two cows.

You re-engineer them so that they live for 100 years, eat once a month and milk themselves.

BRITISH ECONOMICS

You have two cows.

They are both mad cows.

ITALIAN ECONOMICS

You have two cows.

You don't know where they are.

You break for lunch.

SWISS ECONOMICS

You have 5000 cows, none of which belong to you.

You charge others for storing them.

JAPANESE ECONOMICS

You have two cows.

You redesign them so that they are one-tenth the size of an ordinary cow and produce twenty times the milk.

You then create cute cartoon cow images called Cowkimon and market them worldwide.

RUSSIAN ECONOMICS

You have two cows.

You count them and learn you have five cows.

You count them again and learn you have 42 cows.

You count them again and learn you have 17 cows.

You give up counting and open another bottle of vodka.

CHINESE ECONOMICS

You have two cows.

You have 300 people milking them.

You claim full employment, high bovine productivity and arrest anyone reporting the actual numbers.

SINGAPORE ECONOMICS

You have two cows.

Believe you have a brilliant government

Need to hire foreign talents to manage your cows

You lost all your cows.

SRI LANKAN ECONOMICS

You have two cows.

You make one the President and the other the Leader of the Opposition !