Detailed text transcripts for TV channel - FOXNEWS - 20100428:23:32:00
Economic policymakers here in the u.s. are keeping an acareful watch on europe where fears are spreading about the enormous debt load that governments there are shouldering. the crisis worsened again today as standard and poor's downgraded the credit rating of spain. this comes a day after s&p downgraded greece and portugal. but analysts say spain's situation is especially worrisome since its economy is so much larger than that of greece or portugal. many economists say they believe spain may be too big to bail out. even if its risk on defaulting on its debt is very high. we already know greec...