With credit drying up across Europe we may finally see the Eurozone experience its "Lehman moment" - a replay investment banking collapse that triggered the 2008 financial crisis.
Indeed, European banks are having a harder time getting money - part of the fallout from the Eurozone debt crisis - and the resulting credit crunch could freeze business activity, cause bank runs and plunge Europe into a deep recession that would badly damage the global economy.
"The Continent is headed
Investment