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CNN Erin Burnett OutFront May 31, 2012 - Vimarsana News

CNN Erin Burnett OutFront May 31, 2012

it's a terrible fall for something that was supposed to cure all the continent's ills. the euro was supposed to unite europe after suffering through two world wars which caused 75 million deaths. that's why its launch was met with massive celebration in 2002 when the first euros arrived in atms. in greece, they rolled out the red carpet to see leaders pull the first euros out. this is literally in greece on that day in january, 2002. people were partying in the streets, they were staying up until the early hours of the morning to try to commemorate the day. >> the euro is the beginni...

CNN Erin Burnett OutFront May 31, 2012 - Vimarsana News

CNN Erin Burnett OutFront May 31, 2012

two world wars which caused 75 million deaths. that's why its launch was met with massive celebration in 2002 when the first euros arrived in atms. in greece, they rolled out the red carpet to see leaders pull the first euros out. this is literally in greece on that day in january, 2002. people were partying in the streets, they were staying up until the early hours of the morning to try to commemorate the day. >> the euro is the beginning of a stronger european union. we shall be the best in the world. the best in the world. >> it was incredible to imagine that. people out in the st...

CNNW Erin Burnett OutFront May 31, 2012 - Vimarsana News

CNNW Erin Burnett OutFront May 31, 2012

of may. that's the biggest monthly loss in nearly a year. in case you were thinking that europe's crisis was their problem and your eyes glaze over when you hear about it, this is the wake-up call. america's 401(k)s are losing value thanks to greece and spain. why? well, because if and when greece drops the euro, it's a little domino with a lot of punch. next comes spain, portugal, ireland, maybe even italy. they could all fail. and that means the breakup of the world's biggest economy and america's biggest trading partner. it means at least tens of thousands of american jobs will be...

CNNW Erin Burnett OutFront May 31, 2012 - Vimarsana News

CNNW Erin Burnett OutFront May 31, 2012

in case you were thinking that europe's crisis was their problem and your eyes glaze over when you hear about it, this is the wake-up call. america's 401(k)s are losing value thanks to greece and spain. well, because if and when greece drops the euro, it's a little domino with a lot of punch. next comes spain, portugal, ireland, maybe even italy. they could all fail. and that means the breakup of the world's biggest economy and america's biggest trading partner. it means at least tens of thousands of american jobs will be lost. this is the scene in greece now. destitution and riots. ...