This vid from an Australian talk show does an awesome job of breaking down the European finincial meltdown and showing just what a hopeless situation
the world has gotten itself into today.
They break down, country by country, how much debt each country has and who they owe it to. It turns out the countries being asked to bail out the
other countries are the ones holding the debt of those other countries. So what they're asking them to do is extend more loans to the countries
unable to pay off their old loans.
Brilliant!