If you don’t think the financial collapse of Greece affects the U.S. and the rest of Europe, you don’t understand how truly global our economies are. Greece can’t pay it’s bills. It’s not just a budget problem that can be fixed, they are defaulting on their loans. And, guess who holds those loans that aren’t being paid back – the U.S. and Europe among others. The Dow is going to take a huge hit according to economists and the Euro is going to be hit hard.
“There will be signs in the sun, moon and stars. On the earth, nations will be in anguish and perplexity at the roaring and tossing of the sea.