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Michael Lewis on Greek default: It would be ugly for awhile

By Eric W. Dolan
Monday, October 3, 2011 23:44 EDT
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Financial journalist Michael Lewis appeared Monday on MSNBC’s The Rachel Maddow Show to explain Europe’s financial crisis and how it could effect the United States. He said that if Greece defaults on its debt and abandons the euro, countries across Europe may be forced to bail out their own banks — which many countries cannot afford to do.

Watch video, courtesy of MSNBC, below:

Visit msnbc.com for breaking news, world news, and news about the economy

Eric W. Dolan
Eric W. Dolan
Eric W. Dolan has served as an editor for Raw Story since August 2010, and is based out of Sacramento, California. He grew up in the suburbs of Chicago and received a Bachelor of Science from Bradley University. Eric is also the publisher and editor of PsyPost. You can follow him on Twitter @ewdolan.
 
 
 
 
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