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There could be in the short term a much greater impact negative impact on the european market. the eurozone as it's called. if that market is hurting, that would have a spillover effect on the u.s. market and it could impact a lot of americans, right? >> exactly. but actually what you're seeing in the european markets is much more blunted, believe it or not, than what was expected because as one goldman sachs analyst put it he said that europe is actually better prepared this time around than let's say in 2011 and 2012 when we were in this pretty much this exact situation with greece before. i...

Oregon's. the president was on the phone over the weekend with european leaders trying to encourage them to avoid some sort of default. how could a default affect my 4 401 x? >> well if a default causes wider panic in financial markets we saw some of that today. i mean the dow is down about 250 points. >> huge. >> so if it precipitates broader concern about the state of the global economy, then it could have a direct affect on you. not so much because you have your holding stocks that are closely related to greece but because it creates a psychological spillover effect. >> what about the euroz...

Neighboring countries. they have been concerned about this spillover of the chaos in libya, the thriving extremist groups there, and it's not the first time we are seeing this spillover effect. we saw it in 2013 in january of that year the attack on the gas facility in algeria, close to the libyan border in the south. it was attacked by militants who had set up camp in libya. they did their training there, used libya as a logistics base including some tunisian fighters at that point. isa, for the past few years we have been reporting extensively on the threat from libya. jihadist groups have s...

Else. and he failed. it's the attraction of these conflicts in the middle east wlit's libya, iraq or syria that is drawing these people. they're identifying with islam rather than they are with the country of tunisia, and that's the problem. when that switch goes off in your head that you have to protect islam, you will consider anything. and i think that's what we're seeing. >> final word to you. i've been talking about this earlier this week. is it worth it for the united states other western, european nations to pour a ton of money and resources into tunisia to try to protect it from fallin...

Fight. on the other video it is more disturbing when the kid gets hit. that is child abuse. >> and pushed to the ground. >> it looked like black on white. i don't know where holder is. it could be a hate crime. what is the honor? you are supposed to step in and try to break it up. this is disgusting behavior. >> these are young people, high school students attacking and being attacked. we noticed a trend around the country. new york, chicago, philly where teachers unions are complaining that it is harder and harder to discipline young people. >> is this a spillover effect? >> what do you mean?...