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They were too big to fail. we had to use taxpayer dollars to bill them out, otherwise we would all have to pay. now we are looking at europe, they are you two big to fail, we are talking about the imf and what role they will play. >> reporter: it's precisely the same situation, are we going to let things crash or spend some serious money? either germ answer, americans, or the rest of the world, are we going to let them crash? odds are, no, we'll print some money. megyn: wow for italy, and european ultimately ourselves. stu thank you. at the same time as europe stands at the brink we get a new ...

Sheet we would be downgraded. megyn: you guys are telling me we'll have a lot of market problems and financial problems here if we let it happen, so which is worse? >> what needs to happen is for the germ answer and europeans to understand that they have to anyplace -- they didn't anyplace this in the bud. they have to stop this now as opposed to letting this dragon. the germ answer could have written a check, it could have been 200 billion, later 350 billion they could have stopped the bleeding. there is a consensus in germany that we are not bailing out greece. >> greece is such a small econ...