Advantages Gallows humour
So just what is the credit crunch?
A breakfast cereal or something for lunch?
It could be something far far worse
So lets put it all into verse.
America's sneezed and we've all caught cold
High risk mortgages possibly mis-sold
So who do we blame at the end of the day?
Perhaps Freddie Mac and Fannie Mae
The Wall Street malaise crossed the Atlantic
And round Threadneedle Street its gotten frantic
Dow Jones slipped and groaned and grumbled
So FTSE tripped and fell as share prices tumbled
But should we really have any pity
For the slickers from The City
But perhaps there's some news to cheer you
All they'll be selling soon is Big Issue
Bradford & Bingley and also HBOS
Several others were almost lost
It could have been a catastrophic rout
Without the taxpayers financial bale out
Haven't some local authorities been rather thick?
Investing council taxpayers money in Reykjavik
Now the cash is frozen, the plans aren't so grand
It's not Mum, it's your money that's gone to Iceland
If you have savings where's best to invest?
Under the mattress might just be best
And if you're struggling to make ends meet
The next few months won't be a treat
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