Stocks Plunge As European Debt Crisis Intensifies

U.S. stocks dropped last Friday amid fresh worries that Greece may default on its debt, tipping the global economy back to recession.
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/Merkel.jpg" alt="German Chancellor Angela Merkel is seen during debates over the federal budget at the Bundestag on Sept. 7, in Berlin. Europe is embroiled in a sovereign debt crisis that is testing the eurozone's unity in times of economic peril. (Sean Gallup/Getty Images)" title="German Chancellor Angela Merkel is seen during debates over the federal budget at the Bundestag on Sept. 7, in Berlin. Europe is embroiled in a sovereign debt crisis that is testing the eurozone's unity in times of economic peril. (Sean Gallup/Getty Images)" width="320" class="size-medium wp-image-1797965"/></a>
German Chancellor Angela Merkel is seen during debates over the federal budget at the Bundestag on Sept. 7, in Berlin. Europe is embroiled in a sovereign debt crisis that is testing the eurozone's unity in times of economic peril. (Sean Gallup/Getty Images)
Frank Yu
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