Detailed text transcripts for TV channel - MSNBC - 20120724:01:34:00
Spanish bond yields because it would be bad if greece had to leave the euro, but it would be survival. there is no world where spain goes down and the euro endures. if spain goes down, the euro is going down. spanish bond yields, the thing you need to remember is the higher a bond yield is, the higher a country has to pay when they borrow money. spain can't afford to borrow the money necessary to finance itself, and the eurozone is going down. and that means our economy might be going down, too. well, since i did that segment, spanish bond yields have kept going up. this graph may not look so ...