If they do not secure the bail out will contagion follow?
Will this be similar to the Fed's decision to no bail out Lehman... it had unintended consequences that rippled throughout the financial system.
And most importantly what - if anything do the problems in Cyprus specifically or Europe in general have to do with us and our prospects for a continued recovery from the last crisis?
invite response
If they do not secure the bail out will contagion follow?
Will this be similar to the Fed's decision to no bail out Lehman... it had unintended consequences that rippled throughout the financial system.
And most importantly what - if anything do the problems in Cyprus specifically or Europe in general have to do with us and our prospects for a continued recovery from the last crisis?