Greece just fired the EU’s bazooka. Attempts to talk down the crisis in Greece failed spectacularly with Greek Bonds approaching that of Taliban ridden Pakistan. Please consider Greece Calls for Activation of Financial Rescue Describing his country’s economy as “a sinking ship,” the Greek prime minister formally requested on Friday an international bailout, testing the solidarity of the European Union as never before. “We drew up a plan, we took difficult and painful measures,” Prime …

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Greek P.M. Calls Greece a "Sinking Ship", Tip of Iceberg in Bailout Requests; Interactive Map of Debt to GDP; What Countries Hold Most Greek Debt?