ECONOMY - Europe's Debt Crisis, Ripple Effect

"How Severe Is Europe's Intertwined Debt Crisis?"
PBS Newshour 1/24/2011

Just ANOTHER reminder that the economic crisis is not just American.

(full comedy routine)


Humm... EU loans sound familiar.... AH! Sub-Prime Loans!

My favorite lines:

• Q: Why are people selling EU currency and buying U.S. Dollars?


• A: Because the U.S. economy is so much stronger than the EU economy.


• Q: Why is that Roger?


• A: Because it's owned by China.