In It Together
Should the U.S. bail out Europe by contributing to IMF funds meant to salvage damaged and indebted European economies? We asked for globalization and now we've got it.
Should the U.S. bail out Europe by contributing to IMF funds meant to salvage damaged and indebted European economies? We asked for globalization and now we’ve got it. “If the problems in the EU’s troubled countries were to spill over to the rest of Europe, ‘U.S. banks would face larger losses on their considerable overall credit exposures.'”