History has a sneaky habit of almost repeating itself since foxes run the hen house. Until the hens kick out the fox, the repeat cycle is here to stay...
History back in 2008 - Dexia bank group
http://uk.reuters.com/ar...n-idUKL2249550220080722
Present history - Dexia again and a host of French banks ->
http://www.morningstar.c...aspx?id=146256521386093
Future history -> Greece will default by Q4 2011. Then the chips will start falling... This is 2008 and the future is history. Europe coughed & lehman went bananas. Europe will cough again and... Do your homework and no cheating

Note 'Grease' 10yr bonds at 30%+ -- Bond vigilantes sucking the victim dry. What happens to the weak neighbors Spain, Portugal, Belgium, Italy etc and that 'strong' euro currency...
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!