[the invisib1e hand]

So one of the PIGS shows us one of the reasons why they’ve come to fail.

All the bailout money in the world (and then some) can't fix that.

I do think that term "PIIGS" is malevolent, nonetheless.

[Carley]

P stands for Portugal I stands for Ireland and Italy
G stands for Greece and S stands for Spain

PIGS is the term being used in the financial circls about the potential collapse.