As Greece readies itself for a crucial vote on new austerity measures, it seems appropriate to look back and see how European sovereign debt problems weighed over world markets last year. On Tuesday, 8 November 2011, Bob Kohlmeyer wrote: The Greek soap opera is probably only the opening for an Italian drama still to come. World money markets are saying the Italian situation is at least as bad as Greece's, only many times larger in scale. Grain markets as well as other commodity markets have been swept up in it all, and this has taken attention away from market fundamentals, such as those portrayed in the WASDE...