Sadly I'm a bit out of the loop of the Irish media to know what is going on there with the current financial situation (but to summarise it's not good) but this clip which my brother linked on Facebook offers up some answers. To summarise, they're not good.
A recent summary of the American financial crisis courtesy of Achewood.com
ReplyDelete"Some people had some money, and based on bein' idiots, they gave that money to some companies who proceeded to shit the bed with the lights on"