The Markets aim sovereign debt woes at Portugal. The next crisis that will eventually bring the market down the passing of the bu-ton (as done for the 800 meter relay in the Olympics) from Greece to Portugal and the remaining so called PIIGS of Europe is Sovereign Debt. But the largest of the economies are not the 5 mentioned above but here in the States - California. Just we had predicted Portugal would be the next to fall prey to the debt markets. Spain is not to far behind.
http://blog.wallstreetgrand.com/