* Globalization connects economies of many countries. Greece is not an important partner except for its olives, tourism and shipping. Hence, it is not making a big dent. However, most countries are not doing good and most if not all depreciate their currencies to save their economy.
From the stock market, China is doing very good in the past year. FXI
almost doubles our SPY. The P/E is artificially low but it is fine
compared to its historical P/E. However, Newton's Law of Gravity never
fails. Some do not laugh at this joke and they should check in the
closest clinic for lacking a sense of humor.
* The bankruptcy law
works for Radio Shack. I bet they're unloading and/or closing stores. I
worked for myself writing software for Tandy computer. I was surprised
my co-worker from one of my jobs remembered my one-man company Micro