Here Comes The Debt Bomb

Ralph Atkins, Financial Times: Debt mountains spark fears of another crisis

WNU Editor: This is going to end badly and it will impact everyone .... the key question is when?

Update: This is how crazy the situation is becoming (from Zero Hedge) ....

First, from Bloomberg:

GREEK GOVT WON'T ACCEPT TROIKA REMAINING IN COUNTRY: OFFICIAL

And from Reuters:

EU'S SCHULZ SAYS GREEK GOV'T HAS NO CHOICE BUT TO KEEP ITS OBLIGATIONS TO EUROPEAN PARTNERS