1. US would do A LOT better if our idiots in administration would stop the friggin bailouts. Our economy is NOT out of the hole, and because of the spending, the recovery is VERY fragile. Our markets should NOT be THIS affected by what's going on in Greece. Spain? Yeah, a small quake but nothing like this. 2. Eurozone is in deep doo doo. Not only because of their current economic state but the (historical) lack of leadership is even a bigger issue. 3. China is lying about their numbers. There's growth, but not on the levels they are reporting. They still have a rotten core and that is underestimated by all markets.