Can anyone tell me how the fallen of Greece affect the U.S. market?

United States
June 8, 2010 8:09pm CST
I understood that our world is interconnected, not only with computer, but our national commerce also. But how is that the fallen of Greek economy deeply affected the U.S. stock market recently? Is there any economy specialist and explain it to me?
3 responses
• United States
9 Jun 10
the governments of the world are connected intertwined-ly if i may say that. military operations are covert, and sometimes a person who seems a simpleton to general society may hold the keys to bringing peace or war to another nation! not all in these most acclaimed movies are just for entertaining! (enemy of the state) so..easily it can be said that men killed were this or that...but may have had a more prominant status to their own circles. money is at the head of priorities to any nation and government. one action can set a whole array of events in motion..or not! i mean consider..how could a person go to jail for getting a stock tip..but spies get intel all the time!?!?! think about it!
• United States
9 Jun 10
i cant answer how it is connected directly...but i can say this...the governments all over the world have secret projects which they generally dont inform the public about. sometimes, a key figure in these operations is someone who may be deemed a simpleton by the general public, but could hold great information for one faction or another. remember, espionage is real, and so are many other things that you see in the grandest of movies. the connection of one nation's government to another, can be a simple item, or one piece of detail which they could deem dangerous to world peace...but in essence may only be dangerous to their bank account! after all..how could a person go to jail for getting a stock tip?
@redhotpogo (4419)
• United States
9 Jun 10
The stock market is run by stock holders. They are often very paranoid jumpy older people, who think everything that happens is going to effect their money, so they will sell off their stocks, or stop buying stocks when there is any kind of bad news anywhere. Greece's economy effects us very little compared to the rest of the world. They're not really putting out much, or dealing in large amounts of money. But when the stock holders freak out like that it brings the stock market down, which brings the rest of the U.S. economy down, because that's less money for companies to spend on things they need to grow, and less money being made by stock holders to spend to make the economy grow.