....okay this has nothing to do with construction directly... but when it happens (2008) construction sure does stop...



Once upon a time in a place that was overrun with monkeys, a man appeared and announced to the villagers that he would buy monkeys for $10 each.

The villagers, seeing that there were many monkeys around, went out to the forest and started catching them.

The man bought thousands of monkeys at $10 each. Eventually the monkey supply started to diminish, and monkeys became harder to catch, so the villagers stopped their efforts.

The man then announced that he would now pay $20 for each monkey.

This renewed the efforts of the villagers, and they started catching monkeys again. Soon the monkey supply diminished even further, and they became very hard to catch. People started going back to tend to their farms once again, and forgot all about monkey catching.

The man announced that he would increase his price to $25 for each monkey. The supply of monkeys became so sparse that it was an effort to even see a single monkey, much less catch one.

The man announced that he still needed more monkeys, and would now pay for $50 each one !!!

Since he had to go to the city on some business, the man's assistant would now buy them from the villagers for $50 each on his behalf.

While the man was away, the assistant told the villagers: "'Look at all these monkeys in the big cage that the man has bought from you. I will sell them back to you at $35 each. When the man returns from the city, you can sell them to him for the new price of $50 each."

The villagers rounded up all their savings and bought all the monkeys at $35 each.

They never saw the man or his assistant again.

The villagers were even more poor now, because they were out $10-$25 for every single monkey that THEY THEMSELVES had worked so hard to catch. And once again.... there were monkeys everywhere.
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Now you have a better understanding of how the stock and banking markets work.