the imf, alexus glick, experienced on wall street and covering and she is the ceo of the gen youth foundation, will cain is the cnn contributor, cloudy with a chance of rain has been your forecast. anything that s going to part the clouds? i don t think anything will part the clouds until europe clears up, which might be a while. we re probably in for stable, slow growth, but there s more risk to the downside than the upside. let s talk about europe. just this week it became more difficult and expensive for spain to wore ro money. we re looking at bond yields and this is telling us there s potentially a funding problem in europe. explain why that is so important? europe is a quarter of global economy. european banks are interlocked with our banks. so we want them to fix this, but i wonder, they might need a new constitution before this is over and do they have the political wherewithal to get a new constitution? you think we had political problems on debt in this coun
he has since recovered. time for your money. less than one year until the presidential election, where is the u.s. economy headed? i m christine romans. less than half of americans believe things will be going well in this country one year from today. even that faint hope appears ton on decline. the number of americans thinking things will get better has been steady dropping. no surprise as unemployment remains high and housing prices are not recovery and there s fear of another global recession. alexus glick, experienced on wall street and covering and will cain is the cnn contributor, cloudy with a chance of rain has been your forecast. anything to part the clouds? i don t think anything will part the clouds until europe clears up, which might be a while. we re in for stable slow growth but there s more risk. it became more difficult and expensive for spain to bore rerow money. there s potentially a funding problem in europe. explain why that is so important? europe