Stocks fall globally as Greek talks collapse

[myfirst]

This is quite the spectacle, almost beautiful watching the fiat based economy's value plummet to hell.

http://www.marketwatch.com/investing/index/djia/overview

I don't understand this fear.  Why did everyone all of a sudden start panic selling EVERYTHING?
Is it really so bad that Greece leaves the Euro, how does that affect anything in the U.S.?

[1713994440]

1713994440

[1713994440]

1713994440

[Kevinrasf]

This is quite the spectacle, almost beautiful watching the fiat based economy's value plummet to hell.

http://www.marketwatch.com/investing/index/djia/overview

I don't understand this fear.  Why did everyone all of a sudden start panic selling EVERYTHING?
Is it really so bad that Greece leaves the Euro, how does that affect anything in the U.S.?

Dont have an clue but even Asian markets are going down due to Greece.

[azguard]

This is quite the spectacle, almost beautiful watching the fiat based economy's value plummet to hell.

http://www.marketwatch.com/investing/index/djia/overview

I don't understand this fear.  Why did everyone all of a sudden start panic selling EVERYTHING?
Is it really so bad that Greece leaves the Euro, how does that affect anything in the U.S.?

i doesn't effect US cuz dollar is stable euro is fluctuating

[gotmilk_]

Party has started! Dress code - red!  
Every mayor index in Asia down! http://www.bloomberg.com/markets/stocks/world-indexes/asia-pacific

SSE Composite Index (-5.90%)
Hang Seng Index (-5.84%)
Nikkei 225 (-3.14%)
S&P/ASX 200 (-2.00%)
...

[TinEye]

Party has started! Dress code - red!  
Every mayor index in Asia down! http://www.bloomberg.com/markets/stocks/world-indexes/asia-pacific

SSE Composite Index (-5.90%)
Hang Seng Index (-5.84%)
Nikkei 225 (-3.14%)
S&P/ASX 200 (-2.00%)
...

on the other hands many altcoin are up, see this http://coinmarketcap.com/, are people leaving standard market for the altcoin market? it seems so for now

This is quite the spectacle, almost beautiful watching the fiat based economy's value plummet to hell.

http://www.marketwatch.com/investing/index/djia/overview

I don't understand this fear.  Why did everyone all of a sudden start panic selling EVERYTHING?
Is it really so bad that Greece leaves the Euro, how does that affect anything in the U.S.?

Dont have an clue but even Asian markets are going down due to Greece.

i don't think it is for greece, it is because they were in a big bubble and now it simply crashe, their market were at x2 last year

[stallion]

Yes the stocks are falling worldwide post Greece Crisis. We see China topping the charts . Greece crisis might have a negative impact on the share market. Since the world is suffering and market needs some time for self healing.

[randy8777]

This is quite the spectacle, almost beautiful watching the fiat based economy's value plummet to hell.

http://www.marketwatch.com/investing/index/djia/overview

I don't understand this fear.  Why did everyone all of a sudden start panic selling EVERYTHING?
Is it really so bad that Greece leaves the Euro, how does that affect anything in the U.S.?

it's a chain reaction, people want to sell before the other people sell, so in a short period the prices fall massively. just to avoid ending up with a big loss. i think that's the case in china. not so much that they fear the greece drama.

[dataispower]

Chinese stock markets continue to nosedive as regulator warns of panic

"Main markets open sharply down as nearly 700 companies request their shares be suspended in unprecedented move"

http://www.theguardian.com/business/2015/jul/08/china-stock-markets-continue-nosedive-as-regulator-warns-of-panic

[Hyena]

Chinese stock markets continue to nosedive as regulator warns of panic

"Main markets open sharply down as nearly 700 companies request their shares be suspended in unprecedented move"

http://www.theguardian.com/business/2015/jul/08/china-stock-markets-continue-nosedive-as-regulator-warns-of-panic

Another proof why cryptos are way better than their centralized share exchanges. You cannot suspend crypto trading!

[Herbert2020]

if Chinese people start investing in bitcoin because of their stock market going to hell, then the price is going to go into another bubble this time bigger than before. and Chinese has a history of being involved in bitcoin market for some time now...

[dataispower]

China Bans Stock Sales by Major Shareholders for Six Months

"China’s securities regulator banned major shareholders, corporate executives and directors from selling stakes in listed companies for six months, its latest effort to stop the nation’s $3.5 trillion stock-market rout."

http://www.bloomberg.com/news/articles/2015-07-08/china-bans-stock-sales-by-major-shareholders-for-six-months

[gotmilk_]

End of the DOW bubble?
https://www.fxhighway.com/FullReport.aspx?ID=11270

[azguard]

Germany made huge profit from Greece crisis read in paper that they made around 100 mill euros man someone know how to make big money

[Wexlike]

Germany made huge profit from Greece crisis read in paper that they made around 100 mill euros man someone know how to make big money

LOL!

How on earth can you compare a 100 million € profit to a 80 billion € default!?

Switch your brain on, please!

[AtheistAKASaneBrain]

The plan is clear. Troika is exploiting all those poor countries specially the south european ones, they will take their economies down through ridiculous austerity programs, and buy their debt at a ridiculous price with the consent of each local elites. This will be a world wide agenda of privatization of all services.

[Wexlike]

The plan is clear. Troika is exploiting all those poor countries specially the south european ones, they will take their economies down through ridiculous austerity programs, and buy their debt at a ridiculous price with the consent of each local elites. This will be a world wide agenda of privatization of all services.

Um, what? How is the Troika buying debt? I seriously din't get what you are trying to say. Would you like to buy my debts? I guarantee you ridiculous profits.

Privatising services? You mean selling state companies/land/isles to private market entities?

[MasterYii]

Germany made huge profit from Greece crisis read in paper that they made around 100 mill euros man someone know how to make big money

I dont think its just germany, but its any euro nation that was part of the lending process.

But you gotta understand, that they now gotta face the effects since the euro for sure will get damaged based on their permanent depression. You may think it doesnt effect them, but it does indirectly if greece owes a ton of money to these lending countries.

[Brewins]

Germany made huge profit from Greece crisis read in paper that they made around 100 mill euros man someone know how to make big money

LOL!

How on earth can you compare a 100 million € profit to a 80 billion € default!?

Switch your brain on, please!

there was not default, Greece said they will pay the debts sooner or later.

it is more like 80 B at once or payments for decades and centuries totaling much more than 80 B

[farting_shot]

The plan is clear. Troika is exploiting all those poor countries specially the south european ones, they will take their economies down through ridiculous austerity programs, and buy their debt at a ridiculous price with the consent of each local elites. This will be a world wide agenda of privatization of all services.

Um, what? How is the Troika buying debt? I seriously din't get what you are trying to say. Would you like to buy my debts? I guarantee you ridiculous profits.

Privatising services? You mean selling state companies/land/isles to private market entities?

You can't compare personal debts to gov't debts. People buy gov't debts all the time. It's called bonds. No one will buy your personal debts because, frankly, we know you will never pay it back. Gov't debts are sold to raise money for public projects like bridges, highways, ports, etc which in turn generates revenue to pay the bond-holders. I had invested a few hundred $$$'s in US Treasury bills and they have become pretty valuable. If I had bought your personal debts, I will have lost my shirts. Do you see the difference?

[Wexlike]

The plan is clear. Troika is exploiting all those poor countries specially the south european ones, they will take their economies down through ridiculous austerity programs, and buy their debt at a ridiculous price with the consent of each local elites. This will be a world wide agenda of privatization of all services.

Um, what? How is the Troika buying debt? I seriously din't get what you are trying to say. Would you like to buy my debts? I guarantee you ridiculous profits.

Privatising services? You mean selling state companies/land/isles to private market entities?

You can't compare personal debts to gov't debts. People buy gov't debts all the time. It's called bonds. No one will buy your personal debts because, frankly, we know you will never pay it back. Gov't debts are sold to raise money for public projects like bridges, highways, ports, etc which in turn generates revenue to pay the bond-holders. I had invested a few hundred $$$'s in US Treasury bills and they have become pretty valuable. If I had bought your personal debts, I will have lost my shirts. Do you see the difference?

Well... If I could print my own money, i surely would pay you back all of my debt.