Greece is a problem if you look at the fall of European markets. Bad debt has a multiplier effect especially when its $500 billion.
We all know there are other countries with issues but this will be the trigger of a global crash. The thought of a Greece defalt has forced markets to fall 3 to 5%.
An actual defalt would cripple markets.
I wouldn't be supprised if the asx drops 6 to 8% tomorrow.
