You've got a lot of things that could go, and maybe they will go, or maybe they'll be temporarily stopped. Like the yen carry trade crisis; what's now already hitting Australia and New Zealand, which is largely tied to the yen carry trade operation; the entirety of this European complex; the China issues. These are all related. This thing is not a piecemeal problem. This is a systemic crisis.

Yen Carry Trade Could Cause Crash, South Korea Warns
Yen Carry Trade Unwinding Continues Following Crucial Japanese Election
This System is Finished: The "Great Unwind" of the Yen Carry Trade
Yen Carry Trade Unwinds: The Other End of the Collapse