What Happens To The U.S. If Europe Defaults?

The EU debt crisis is yanking around the U.S. markets - with yet another 200-point stock market plunge today. But Money Morning Chief Investment Strategist Keith Fitz-Gerald says this is small potatoes compared to what’s coming. If the EU starts defaulting on loans, it could spell the beginning of a new recession back here in the States. Watch Keith on Fox Business Varney & Co right now to learn where an EU default will hit the hardest.

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