The front fell off again

Via Barry Ritholz: Aussie comedians John Clarke and Bryan Dawe (of “the front fell off” fame) discuss Greece’s debt problem:

JOHN CLARKE: Well, they can’t pay their debts, Bryan. I mean, Greece owes 160 per cent of what it produces. I mean, the task is a Sisyphean task. It’s rolling a rock up a mountain.

BRYAN DAWE: So Greece is insolvent?

JOHN CLARKE: Bryan, put it this way: if it were a private company, there’d be a fire there on Saturday at about four o’clock in the morning.

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