Detailed text transcripts for TV channel - FOXNEWS - 20111121:21:09:00
Recession. europe, important than likely will go interest a recession in the 4th quarter. and that --. >>neil: and we are not immune? >>guest: we are not immune. 30 percent of s&p earnings come from that. >>neil: what if we are downgraded again? >>guest: if we go do double a, very bad message to the world, relative to america's ability to deal with its problems. >>neil: doesn't the world already know that? >>guest: i don't think so, i think given the problems they have versus what we have, we're not as bad shape. however, we will lose more and more of our influence overseas, some of the trigge...
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