• ARRSE have partnered with Armadillo Merino to bring you an ARRSE exclusive, generous discount offer on their full price range.
    To keep you warm with the best of Merino gear, visit www.armadillomerino.co.uk and use the code: NEWARRSE40 at the checkout to get 40% off!
    This superb deal has been generously offered to us by Armadillo Merino and is valid until midnight on the the 28th of February.

The current banking crisis explained by an Irishman

#1
The current banking crisis explained by an Irishman

Young Paddy bought a donkey from a farmer for €100. The farmer agreed to deliver the donkey the next day.
The next day he drove up and said, 'Sorry son, but I have some bad news. The donkey's died.' Paddy replied, 'Well then just give me my money back.' The farmer said, 'Can't do that. I've already spent it.' Paddy said, 'OK, then, just bring me the dead donkey.' The farmer asked, 'What are you going to do with him?' Paddy said, 'I'm going to raffle him off.' The farmer said, 'You can't raffle a dead donkey!' Paddy said, 'Sure I can. Watch me. I just won't tell anybody he's dead.'

A month later, the farmer met up with Paddy and asked, ' What happened with that dead donkey?' Paddy said, 'I raffled him off. I sold 500 tickets at €2 each and made a profit of €898.' The farmer said, 'Didn't anyone complain?' Paddy said, 'Just the guy who won. So I gave him his €2 back.'

Paddy now works for the Royal Bank of Scotland .
 
#3
"500 tickets at €2 each and made a profit of €898".
That would be €1,000 minus €2 = €998?
Are you sure paddy is not working for an Irish bank still!
 

Latest Threads