Detailed text transcripts for TV channel - MSNBC - 20120727:01:33:00
Borrowing money. if they can't borrow money, they collapse. if the eurozone goes down, the world economy goes down very badly. mario draghi and the central bank can solve the problem. you see, they can print much, as much as of it as they want and lend it to the struggling countries. spain needs money or we all go under, here, spain, here's money. but they've been saying this is against the rules for them, they can't lend money like that, and even if they could, they wouldn't because inflation is scary, but that crazy sentence there, that's them saying they might begin bending the rules, which...