Europe Debt Fears

I read a blog about the debt crisis in Europe by Iwan Morgan. He spoke of how the European nations were not worried about the recession in the U.S.A. because they felt as though they were not affected. It turns out France is falling into the same pit-falls that the U.S. did. Much of this stems from the problems Greece is having. This is being coupled with the fact that Germany, the economic powerhouse of Europe is not offering to help fix the problem. In fact, much of Germany is actively speaking out against bailing Greece out of this mess. Since France had no safety net, they are being drug down with Greece, and this could cause quite a problem for them.

Riley Crowford