Detailed text transcripts for TV channel - FOXNEWS - 20111105:18:12:00
Important market for the u.s. and for sure, the european economy is going to go into a recession and we don't know how sharp, but i think it's pretty clear that they'll have a recession. >> paul: dan. >> on that point exactly. i'd like to turn this around. i think the united states has a lot to answer for amidst this crisis, specifically the obama administration. europe is on the brink of going into another recession, we have just come out of a recession and our growth rate should be a lot higher than 2%. it should be 4 or 5%, coming out of a recession. >> we're more vulnerable to a european r...
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