This should be no surprise to anyone actually looking at the valuations of the stocks on the market. These have been overvalued for several years now.

What should cause any investor and even the common citizen some measure of alarm is that even the threat of a failure over the Greece talks were enough to do this much damage to an already reeling economy. Imagine what might happen if it were something more severe, such as the sudden rise of interest rates or a default of the United States.