So if the YouTube description of this video is to be believed, the driver of the red car had smacked into a curb and damaged his car, causing him to fishtail all over the road. Unfortunately, once he got up to speed, the swerving got worse, and a car following close behind got quite a bit of enjoyment out of it. The red car eventually swerved off the road and hit a light pole, to the delight of the two guys recording in the following car. But their enjoyment was short-lived, as that light pole, now subjected to gravity, found a nice resting place right on their car.
And that, folks, is karma.