Detailed text transcripts for TV channel - MSNBC - 20100511:11:41:00
Fund mentamental problems. the debt problem in greece, the fact that the government doesn't have tax -- that's what i want you to explain. >> let's go backwards. there's $11 billion that's due this month. and so they can't pay that. let's just start with that, okay? >> greece. >> greece can't pay that. >> they owe their money mostly to banks. you can blame the banks if you want. >> france and germany. >> they're all over. the next piece is, so they can't pay that, then there are other payments that come later. the question then becomes if they can't make those payments, what happens to all tho...
Source: news source