[TigerLikesRooster]

It appears that there would be a series of sovereign debt crisises this year, whether they would lead to near-miss or acutal default.

[TigerLikesRooster]

The table may be turned in near-term. It used to be that EU was watching America sinking into crisis, confident that they won't have such severe crisis. Now they are into crisis probably worse than U.S., who is now watching all these and wondering how soon some EU country would go under.
U.S. debt problem and money printing now took a backseat. However, they will be back to the limelight soon. California would play the role of Greece in EU.

[cranked]

Spain has already beat UK to the punch as a “real” fiscal problem....in fact, there are over 10 EU states that are having fiscal problems on or near the level of Spain, Greece, and the UK.

Watch for a global domino effect....its coming and China will not be exempt.

[tx_eggman]

Britain grapples with debt of Greek proportions

Don't lose sight of the fact that Greece has a GDP about the size of Massachusetts ...

[Travis McGee]

bttt