OMG, that looks serious. Also, you have many more serious problems with that bike. First of all, the splash tape on the handlebars is absolutely passe. Also, what's with the brake levers way down at the bottom of the bar curve. Those need to be moved up. In addition, there are no toe straps attached to the toe clips, a complete disaster. I strongly recommend that you ship this bike immediately to "davester lost cause bike disposal service". After that you'll be able to sleep more soundly at night.