[SkyPilot]

The money quote:

"The bankers ignored history, and used the bailout to fatten their own pockets at the expense of the people. As a result, fixes were not done, and even actively fought against. Now we are facing not a repeat of 2007, but a far worse situation. The banks have increased their risk, and gambled on governments bailing them out once more."

Related:

Good Luck Finding a Place to Hide as Global Markets Crumble

[SkyPilot]

It looks the like bill has finally come due for the deal made with Satan.

[Paulie]

Aaemmm - margin call, gentleman...

[RoosterRedux]

The DJIA is off ½% at the present time. Hardly crumbling.

[umgud]

Don’t you just love derivatives?

[plain talk]

Right now the Dow is down 0.5%.

[C. Edmund Wright]

What are you trying to do here? Bombastic misleading headline.....

The markets aren’t crumbling....DOW barely down....Tokyo down a little, and China Crumbling? China is up for today, and WAY up for the year.

It may all crumble at some point....but to say that Greece is causing this right now? No.

[Ultima]

Dow down half a percent. Big deal.

[samtheman]

Dow 17,635 -96 0.54%
Nasdaq 4,974 -35 0.70%
S&P 5002,063-14 0.66%
GlobalDow 2,491-32 1.27%
Gold 1,172+9 0.73%

We are all going to die.

[Diana in Wisconsin]

But my Orange Juice Futures are safe, RIGHT? ;)

[SkyDancer]

And who should step on-stage to offer solutions to the world problems?

[TexasRepublic]

“That the Chinese index has lost over a third of its value in under three weeks should have been a large warning.”

Forget the Greeks, it is China that worries me. China and the US are the world’s largest economies now and their economies are massively interlocked by trade and investments. How can this NOT affect us, sooner or later?

[lacrew]

This will be blamed on climate change. Not kidding.

[Tolerance Sucks Rocks]

And here we go . . .

I'm sure ¡Cheb! and Boehner and McConnell will ride to the rescue, if ¡Cheb! wins next year.

PING!

[StormEye]

"... we are facing a real potential of a Greek default,...

I thought that Greece had already defaulted last week.

[grania]

Why should I care if the banks get paid back? Haven’t they profited enough already? All that while we little folk get to pay fees and collect close to 0% interest.

[Old Sarge]

So all the Chinese have to do is, call in their American markers and it’s all good, right?

Right??

[Old Yeller]

Gee, we need a One World Government with a charismatic leader to save the day.

[1Old Pro]

While the usual con men will use the Greek vote to hawk gold

Gold is a hard asset, hawking is misused here, best used when the product is basically worthless or of little value.

[fella]

Ripple effect? More like "The Domino Effect".

[Drango]

uhhhhhh...The markets didn’t crumble.