The Other Storms Approaching

As the financial world is in hysteria and focused in on the first sovereign debt crisis in Greece, they have not looked over there shoulders to notice that there are 4 more hurricanes and tsunamis all approaching the shore at the exact same time.

The bond yields for Ireland, Portugal, Spain, and Italy are blowing out this morning and are at new all time record highs.  They are rapidly closing in on their "Greek" moment.

Buckle up.  The storm will be arriving shortly.