By: Larry MacDonald

Times are getting grim with the U.S. financial crisis worsening almost every day. But some financial bloggers are not letting it get in the way of a good chuckle.

Canadian Personal Finance did a blog round-up in which he noted Michael James on Money wrote a post about ‘Understanding the Current Financial Mess.’ Observed Canadian Personal Finance: “At first I thought he was writing about my finances, but then I found out it was a Big Picture story.” Canadian Personal Finance, poor chap, works for Nortel Networks (now facing a debt downgrade and downward spiral in its shares).

Michael James on Money wrote back in the comments section giving thanks for the link. Then he asked tongue-in-cheek: “Any ideas how we could create some bad debt for the US government to buy from us at inflated prices to get our slice of the $700 billion?” Canadian Capitalist chimed in: “I don’t want to appear greedy. I’ll accept a low, low, $7 million for some bad debt.”