Two cow theory: the world economy explained
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Two cow theory: the world economy explained

THE world economy is a tricky thing to break down into just a few words.

It's a complex realm of exchange rates, global economic output and purchasing power.

But New Zealand radio station Newstalk ZB has shared an entertaining way of explaining this, and Ireland's economy features.

They call it the two cow theory.

Here's some of the highlights.

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socialism cow-n

fascism cow-n

irish cow-n

british cow-n

italian cow-n

french cow-n

 

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