Damn way to learn a new expression!

Again, with not much to do. I was crawling the Youtube and all of sudden I am watching this guy reacting to Brazil X Belgium. At the end of the match, I mean. So, the match is over, he was really a fan of Brazil team, but then he sees Brazil losing.
He says, Brazil´s is down (he then makes the slit troath signal) and says "France next favorite". Elaborating more he say "Brazil tried, but Brazil was a day late and Dollar short" (referring to the second half).
Now it´s your turn, rush to the dictionary, a book or a site and discover what it means... He he he, je je je!