European Credit Crunch Hits Br... (zerohedge.com)

And another scary one. The music is playing the chairs are being removed and we will see what happens when the music stops. Who will get to sit?

European Credit Crunch Hits Broad Economy As M3, Private Loans Collapse
http://www.zerohedge.com/news/european-credit-crunch-hits-broad-economy-m3-private-loans-collapse