Hypothetical: Europe's PIGS Start to Default in Mid-September 2012... (user search)
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  Hypothetical: Europe's PIGS Start to Default in Mid-September 2012... (search mode)
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Author Topic: Hypothetical: Europe's PIGS Start to Default in Mid-September 2012...  (Read 3900 times)
Lief 🗽
Lief
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« on: November 21, 2011, 11:07:37 PM »

Yeah, I'm not so sure that a double-dip recession obviously caused by a European collapse would completely doom Obama. It's not like he has any control at all over what's happening in the Eurozone. Now, if things don't really get any better but don't get drastically worse, and in turn the American economy continues to slump, that would hurt him. But the political ramifications for Obama of some big, noticeable catastrophic European collapse is hard to predict.
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