The acronym was first used in 2007, as far as I can tell, and Ireland was added to it in 2008. The most recent crisis Italy is going through is indeed a recent

The acronym was first used in 2007, as far as I can tell, and Ireland was added to it in 2008. The most recent crisis Italy is going through is indeed a recent addition, but it is by far not the first crisis, and the acronym is much older than this. Here is an example of usage in an article from 2008, before the shit Ireland was in was exposed: http://www.thedailybeast.com/newsweek/2008/06/28/why-pigs-can-t-fly.html http://www.thedailybeast.com/newsweek/2008/06/28/why-pigs-ca...