Panic, Purge or Patience?

[Loki]

You're wrong. What happens on stock exchanges and financial markets affects all of us. What's happening in Greece and the eurozone does, too. "Wall St and Main St are connected", the world is flat. We recently had that huge financial system meltdown and the Great Recession is ongoing, Money and Politics are intertwined in everyone's lives, like it or not.

Except there was no lasting effects. You're starting to sound like David Icke.

[GGT]

Except there was no lasting effects. You're starting to sound like David Icke.

You don't know that yet. It takes a lot to "spook the street" but they were. Don't underestimate the emotions that drive a lot of Wall St behavior. The computers are supposed to take some of that out, but there are still people involved. Irrational Exuberance is a human emotion, so is Panic. Trust and faith are easily broken but hard to regain.

And the EU is trying to whip up agreements to calm nerves before Asian markets open.