As Europe Threatens to Implode, America Shrugs

Polls suggest Americans are shrugging off the EU threat to global recovery.

Austerity
By SHARE

[HP and Dell are flagging. Is the PC dead?]

But should Europe slip further into crisis, reducing demand for U.S. goods and spreading financial contagion in the process, Americans could wake up quickly to European problems.

"The reality will be different if they start to have some kind of real-world effects that have something that impacts them," says Jacobe.

Danielle Kurtzleben is a business and economics reporter for U.S. News & World Report. Connect with her on Twitter at @titonka or via E-mail at dkurtzleben@usnews.com.