Australia: John Clarke and Bryan Dawe Calculate the Cost of the European Debt Crisis
May 25th, 2010Via: ABC News:
BRYAN DAWE: Correct. How much does Spain and Italy owe?
JOHN CLARKE: $1 trillion each.
BRYAN DAWE: Correct. Who to?
JOHN CLARKE: Mainly France, Britain and Germany.
BRYAN DAWE: Correct. And how are Germany, France, Britain going Roger?
JOHN CLARKE: Well they’re struggling a bit, aren’t they?
BRYAN DAWE: Correct. Why?
JOHN CLARKE: Well ‘cause they’ve lent all the vast amounts of money to other European economies that can’t possibly pay them back.
BRYAN DAWE: Correct so what are they go to go have to do?
JOHN CLARKE: They’re going to have to bail them out.
BRYAN DAWE: Correct. Where are they getting the money to do that Roger?
JOHN CLARKE: That is a good question. I don’t know the answer to that one. (laughs)
Research Credit: dagobaz
John Clarke is a comedian originally from New Zealand. he became famous in that small backwater for his character Fred Dagg. he left to find fame and fortune in Australia around 1978 (soory, can’t be bothered lookingit up in Wiki). and he really has become the icon of Aussie satire.