Greek Crisis Causes Market Slump: Greece on the Verge of a Coup!!

Greek Protesters Getting Violent and More Aggressive

      The crisis in Greece has made a turn for the worst, causing investor fear which has been reflected by a harsh slump in the market today. Hundreds of violent protesters have been clashing in the streets in Athens with riot squads as the economy's future is at stake. Greece hangs in the balance with economists projecting the socialist country a pessimistic outcome. The European Banks cannot come to an agreement as to a second bailout, since the first $70+ billion euros was not sufficient. Greece is just an example of the struggling European Union. With Ireland, Spain, Italy and Portugal also on the list of devastated countries, Europe has a lot of work ahead of them as they try to save these countries from collapse or worse- keep them from spiraling down into violent chaos and turmoil. 

      This continued European decline has caused the Euro to drop in value and has affected US investors as well. The NYSE has suffered greatly and investors are getting pounded as the Dow drops with each negative event that occurs in Greece...the European crisis will continue to have repercussions in the US...but sadly the average American has no clue about the negative affect the crisis is causing here on our own turf.

Check out this video of protesters rioting in Athens