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An economist's logic
|A party of economists was climbing in the Alps . After several hours they became hopelessly lost. One of them studied the map for some time, turning it up and down, sighting on distant landmarks, consulting his compass, and finally the sun. Finally he said, ' OK see that big mountain over there?' 'Yes', answered the others eagerly. 'Well, according to the map, we're standing on top of it.'
  Category: Business Jokes
Released: 2007-07-02
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An economist's speech
|The following is supposedly a true story.An economist was about to give a presentation in Washington, DC on the problems with Black-Scholes model of option pricing and was expecting no more than a dozen of government officials attending.To his amazement, when he arrived, the room was packed with edgy, tough-looking guys in shades. Still, after five or so minutes into the presentation all of them stood up and left without a word.The economist found out only later that his secretary ran the presentation through a spell-checker and what was "The Problem with Black-Scholes" became "The Problem with Black Schools".
  Category: Business Jokes
Released: 2007-07-02
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Bad computer viruses
|Economic computer virusesINTEREST GROUP ECONOMIST VIRUS - Divides your hard disk into hundreds of little units, each of which does practically nothing, but all of which claim to be the most important part of the computer. ECONOMETRICIAN VIRUS - Sixty percent of the PCs infected will lose 38 percent of their data 14 percent of the time (plus or minus a 3.5 percent margin of POLITICAL THINK TANK ECONOMIST VIRUS - Doesn't do anything, but you can't get rid of it until next election. GOVERNMENT ECONOMIST VIRUS - nothing works on your system, but all your diagnostic software says everything is just fine. MARXIAN ECONOMIST VIRUS - Helps your computer shut down whenever it wants to. SOVIET ECONOMIST VIRUS - Crashes your computer, but denies it ever happened. MAINSTREAM ECONOMIST VIRUS - It claims it feels threatened by the other files on your PC and erases then in "self-defense." CENTRAL BANK ECONOMIST VIRUS - Makes sure that it's bigger than any other file. MULTINATIONAL CORPORATION ECONOMIST VIRUS - Deletes all monetary files, but keeps smiling and sending messages about how the economy is going to get better. SUPPLY SIDE ECONOMIST VIRUS - Puts your computer to sleep for four years. When your computer wakes up, you're trillion more dollars in debt. NEW ECONOMY VIRUS - Also known as the "Tricky Dick Virus." You can wipe it out, but it always makes a comeback. ENVIRONMENTAL ECONOMIST VIRUS - Before allowing you to delete any file, it first asks you if you've considered the alternatives
  Category: Business Jokes
Released: 2007-07-02
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Bad Japanese economy
|According to inside contacts, the Japanese banking crisis shows no signs of ameliorating. If anything, it's getting worse.Following last week's news that Origami Bank had folded, we are hearing that Sumo Bank has gone belly up, and Bonsai Bank plans to cut back some of its branches. Karaoke Bank is up for sale, and it is (you guessed it!) going for a song.Meanwhile, shares in Kamikaze Bank have nose-dived, and 500 back-office staff at Karate Bank got the chop. Analysts report that there is something fishy going on at Sushi Bank, and staff there fear they may get a raw deal.
  Category: Business Jokes
Released: 2007-07-02
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