Thursday, November 24, 2011

European debt crisis threatens US recovery

U.S. credit markets may freeze, leading the American economy to slide back into a recession, if the debt crisis plaguing a few European sovereigns spreads to the core eurozone countries.
Analysts at Toronto-based Capital Economics said the potential recession across Euro area and the possible break up of the roughly decade-old currency creates an incredible amount [...]

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Source: http://feedproxy.google.com/~r/housingwire/uOVI/~3/GFdsyJFXpBQ/european-debt-crisis-threatens-us-recovery

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