BANKRUPTCY is no joke to Ireland, desperate though they are, their humor is not dead.
IT sounds like a bad joke. Take a small country that has been so ravaged by the global financial crisis that it is on the verge of bankruptcy.
They create a new festival.
Make fun of its predicament and ask people to pay to come. Surely nobody would turn up to an event billed as "Davos with jokes"?
At a talent show in Kilkenny last weekend, called Kilkenomics: Subject, Ireland's Got Economists, they came up with a winner.
The winner was the contestant who came up with the best plan to prevent Ireland becoming the second country in the European Union after Greece to go cap in hand to Brussels for a multi-billion-euro financial bailout.
The best suggestion? Merge with Australia: "They have lots of beer and mineral wealth but no water and no culture. We have no mineral wealth but lots of water and lots of culture. G'day Mate".