Detailed text transcripts for TV channel - FOXNEWS - 20120529:16:38:00
Are in recession. that's because we missed the negative economic implication of what is happening in these nations in europe. it's a political issue but it's an economic issue. if you think over the last few years it's been the big events, the housing bust, the japanese nam r these big things, sometimes out of left field that you're not prepared for, what we call an economic shock to the system, and certainly the u.k. feeling a lot of pressure already, it's a wise move to start to discuss what to do if the whole thing comes apart. but i still ultimately think that they will somehow cobble some...
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