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. ...