Spain-Germany rate spread at new historic highs: 237 - this is one baby that due to its size they will not be able to bail out. Portugal (next in line): 448. Ireland: 613 - and they keep bickering over their budget; don't want to get into politics, but... If they're going to crush the euro, "they" have to do it before April (US Congress would have to approve raising the debt ceiling - seeing opposition parties in Ireland and Spain, Portugal not so much, willing to sink their countries' economies just so they can get back to power... good luck with that).