Heading into the new trading week, the top concern is once again Greece. Europe's debt troubles are spreading beyond this particular spendthrift economy.

The yen has certainly seen its share of volatility this week as headlines dominated by the threat of a Greek default fueled haven flows.

The British pound slipped to a fresh monthly low as the Bank of England struck a dovish tone for monetary policy.

The Canadian dollar was the worst performing currency this week, falling against every other major currency, while dropping 0.97 percent against its American counterpart.

So far, this 21st century has been a delightful flop. A washout. At least, for Americans. At least, from an economic point of view.

Everyone seems to be waiting to see what happens when QE2 comes to an end. If stocks and bonds go down, the federales are sure to come into the market one way or another too.

And even though the peak of credit in the US wasn't hit until 2007, it's possible that the actual correction began in 2000.

It was so inconceivable when they formed it that there is nothing in the treaty that mentions a member leaving or being removed.

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