Bob Wiedemer: European Crisis Can Spread to US
January 17 — The European debt crisis has now claimed France, which just lost its coveted AAA rating amid a Standard & Poor's downgrade, and eventually U.S. financial systems could be due for a fresh bruising, says Robert Wiedemer, financial commentator and best-selling author of "Aftershock."
Like Greece and other European countries, the United States is carrying too much debt and won't be able to handle it much longer without facing backlash from ratings agencies or markets. Read more.
