The Question Of The Day :

With Italian10 year bonds surging past the critical 7% level, all eyes are turned toward italy.
Greece is smoldering in the back round and spain is about to erupt

Are Europes debt issue's the real real problem or will forced austerity cause even more pain and lead to Recession ?

What are your thoughts ?

Special thank you to Daniel Christman of Ridge Clearing & Outsourcing Solution, Inc.