Another European Domino?

"In my last post, I wrote:

In theory, the EU could step in, either in the form of the European Central Bank or guarantees from the core. In practice, while I find this somewhat plausible in the case of Greece, I find it fairly unlikely in the case of Greece, Portugal, Spain, Italy, and Ireland . . . which is what we're looking at. (For that matter, why stop there? Have you taken a look at Belgium's debt-to-GDP ratio?)

No sooner had I written those words, and "hit publish", than I turned to the Wall Street Journal, and found this:

LONDON--British regulators have asked U.K. banks to publicly disclose information about their exposures to Belgium's government and banks, in a sign of how concerns about the euro zone are spreading beyond southern Europe, according to bank executives..."

at  http://www.theatlantic.com/business/archive/2011/08/another-european-domino/243101/