Ok, so the heading is 'too many fires'. We have a torrent of bad news from the eurozone:
http://www.telegraph.co.uk/finance/financialcrisis/9125598/IIF-warns-of-1-trillion-Greek-default-risk.html
http://www.telegraph.co.uk/finance/financialcrisis/9124815/Dutch-Freedom-Party-pushes-euro-exit-as-2.4-trillion-rescue-bill-looms.html
That is the moment when the creditor core will face the decision they have "ducked" for the past two years: either accept an EMU reflation strategy, along with debt pooling, fiscal union, and transfers; or accept a break-up.
http://www.spiegel.de/international/europe/0,1518,818966,00.html
The Hundred-Billion-Euro Bomb
http://www.spiegel.de/international/europe/0,1518,819430,00.html
Divided Italy?
TYKE IN KENT'S THEOLOGICAL RAMBLINGS
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