Post # 1
BASIC REASON FOR RECESSION!!!!!
Fundamental truths cannot be better explained

BASIC REASON FOR RECESSION!!!!!

A naked and drunken woman boards a cab in London one night.

The Indian driver keeps staring and does not start the cab.

Woman:       
Haven't you ever seen a naked woman before???

Gujju Driver:       
I am not staring at you lady..... just wondering where you kept money to pay me!   
 

Moral: That is what most of the American and European banks failed to do.
(i. e.) Assessing repayment capacity before taking in exposure!!
Post # 2
RE: BASIC REASON FOR RECESSION!!!!!
hehehhehehhehhehe

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