Beurzenbloedbad

Fears that the Eurozone might go kaput led to a total bloodbath in Europe today (and it's not quite over).

We mentioned the selling earlier, when the major indices were down some 3%, but now it's worse.

Here's a quick look at the equity markets.

Italy -5.3%.

Germany -5.5%.

France -4.9%.

Athens -3.1%. That index is now down about 50% since March.

Greek 2-year yields blew past 50% for the first time.

Meanwhile, banks are getting destroyed.

Deutsche Bank if off over 8%.

Credit Suisse is down 8.8%.

Italy's UniCredit is off 7.4%.