It is the month of August, in a quaint, historic resort town. It is raining, and the little town looks totally deserted. It is tough times, everybody is in debt, and everybody is living on credit.
Suddenly, a tourist comes to town.
He enters the hotel, lays a 100 dollar bill on the reception counter, and goes to inspect the rooms upstairs.
The hotel proprietor quickly takes the 100 dollar bill and runs to pay his debt to the butcher.
...The Butcher takes the 100 dollar bill, and runs to pay his debt to the farmer.
The farmer takes the 100 dollar bill, and runs to pay his debt to the supplier of his feed and fuel.
The supplier of feed and fuel takes the 100 dollar bill and runs to pay his debt to the town's prostitute that in these hard times, gave her "services" on credit..
The prostitute runs to the hotel, and pays off her debt for the rooms that she rented when she took her clients there.
The hotel proprietor then lays the 100 dollar bill back on the counter. At that moment, the tourist comes down after inspecting the rooms, and, after saying that he did not like any of the rooms, takes his 100 dollar bill and leaves town.
Although no one earned anything, the whole town is now without debt and looks to the future with optimism.
And that, ladies and gentlemen, is how the United States, Australia and British Governments are doing business today