The debt crisis rolls forward with more bail-outs needed just to kick the can down the road a little further. At some point it will become too obviously unsustainable and the dominoes will fall. America is in the line up, it may be the last and biggest domino, but it also has the biggest load.

Stricken Portugal ‘lacks the cash to meet debt payments’ – Telegraph: www.telegraph.co.uk/finance/financialcrisis/841691….html

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