PIGS... Who's Going to Bail Them Out?
Sure, the US has its own huge debt problem, with a bit of a “ceiling” issue which urgently needs to be resolved before all hell breaks loose. Perhaps that’s all the more reason to appreciate a catchy and upbeat song about a crisis elsewhere. In this case, the euro zone, where Portugal, Ireland, and Greece have already received bailouts and Spain could soon be up next.
See the video below, which came to our attention via a Naked Capitalism post on the euro crisis song.