“Each time a domino falls, the member state requires assistance from the remaining member states. When Greece fell into financial disarray and then failure, the other 16 states had to provide the subsidy. When Ireland fell, there were 15. Portugal made it 14. Cyprus made it 13. Now Spain leaves 12 remaining.  As the dominoes continue to fall, the costs are reapportioned among the remainder, which is a shrinking cohort. Wealthy French, Italian, Spanish, Greek, Portuguese, Cypriot, Irish, and other citizens are voting with their feet. The financial flows reflect it.”

http://www.ritholtz.com/blog/2012/07/dominoes/

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