Laughing while you sink

I never heard the expression before until I saw this video from ABC--the Australian Broadcasting Company, not the American version. It had to be Australian because only an Aussie could have come up with such biting, stare you right in the eye humor that beautifully explains the European Crisis--which is the name they colloquially use in Europe for this financial shit storm that is wreaking havoc all around the world and that is changing the face of the world as we've known it.

Ah, humor, that wonderful human defense mechanism that kicks in in the direst of circumstances. Have you ever seen another animal deploy it? Can you imagine a seal pup, right in the shadow of the club, bending over in side-splitting laughter at the abject hopelessness of the situation?

Nope, you can't. But we humans can. That's why we're on top in this world. And that's probably also why we're fucking things up so insanely as of late.