I guess the Wall Street cliche of "When US sneezes, the rest of the world catches cold" is still very much evident............The Dow broke the support level last Thursday and the rest of the world was not spared, plunging and plummeting.
And the talks of US going into recession with the budget cut has worried the world over and the problem has always been because of this...........US is the world's largest economy market.
So, what can we do, layman like us ?............ I guess we must go back to the fundamental,live life as according to the archaic adages of "cut the coat according to the cloth" and "every drop makes an ocean"
P/S : Whenever there is greed, there are uncertainties