source: Der Spiegel
The same chart also appeared in Atlantic magazine's "most important charts of the year" with this comment:
"Despite repeated European Summits over the past eighteen months that were supposed to provide definitive resolutions to the European debt crisis and despite enormous IMF-EU bailout packages, government borrowing costs for the European periphery rose to unsustainable levels. More disconcerting yet, by mid-2011, a crisis that had embroiled the smaller countries like Greece, Ireland and Portugal, started knocking on the door of Italy and Spain, which is now calling the very survival of the Euro into question" -- Desmond Lachman, AEISee also MaxedOutMama.
By comparison, see this chart, from George Mason University's Anthony Sanders:
source: December 15th testimony before the House Committee on Oversight and Government Reform, Subcommittee on TARP, Financial Services and Bailouts
(via the Tax Policy Center's Donald Marron via Ezra Klein's Wonkblog, ZeroHedge)