Via Socializing Finance, this brilliant Icelandic explanation of the financial crisis:

But you must understanding England peoples. They think they rich because house expensive. I explain problem to my father that England people are like farmers who think they rich because someone say cows worth million pound even if not real. I say problems in England because now they wake up and know cows not worth million pound and all vey panicky on moneys. He ask me Iceland issue and I say it simple: Gordon Brown and England peoples have million pound cows but Iceland is like next door farmer who have billion pound chicken and they make deal to give money to have eggs regular . But cows all sick and not worth million pound anyway and same time Iceland billion pound chicken go missing and Iceland people say all egg go to Iceland people until they find chicken again. But, Gordon Brown say fox eat chicken so no chance and then he grab all egg he can. With this information my father has explain all global liquidity crisis to village at home.

Icelandic folk wisdom + global economic crisis = hilarious.