How Recession spreads
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 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 the his raw material order and buns, took down the
colorful signbo! ard, removed all the special schemes he was offering
to the cu! stomers 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: It’s all in your MIND! And we actually FUEL this
recession much more than we think.
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