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Spain is probably toast, then Italy. If one goes, the Eurozone might survive. It can in no way survive the loss of both. France and/or Germany would be next, after which the Euro (and thence the Dollar, in all likelihood) would collapse.
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"I personally think that America's interests would be well served if after or at the time these clowns begin their revolting little hate crime the local police come in and cart them off on some trumped up charges or other. It is necessary in my opinion that America makes an example of them to the world."
--Strange Famous, advocating the use of falsified charges in order to shut people up.
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