A solution to the financial crisis.

[valvura]

got this from LAcars.
It is August. In a small town ......
COULD THIS BE THE SOLUTION TO THE Global Financial Crisis?
Or, is there a catch here?

I'm not analytical but who was short-changed here? The E100 was non-existent but was able to settle the debts, how did it happen? in the beginning the hotel owner has zero liquid asset wherein he has E100 collectible and E100 liability. At the end of the story, still zero asset but this time, 0 collectible & 0 liability. which is better?

but i know there are people who uses the utang-bayad-utang principle and are able to get out of the cycle or otherwise .