Could the Crisis in Europe Drag Down the U.S.?

Trouble brewing abroad could worsen an already struggling global economy.


But there is a silver lining: Although the situation in Europe might look like a repeat of 2008, everyone's seen that tragedy before, and no one wants an encore. "Policymakers are desperately trying to be sure this has a different ending this time," Warne says. "Everyone wants to avoid what happened in 2008."

  • Read about 11 things wrong with Congress.
  • Read about what will happen if Greece defaults.
  • Read about why Obama's stock is down and Romney's is up on Wall Street.