How Europe's Ailing Economy Affects the American Industry

The World
Issue number one in this presidential election year: the economy. And there is worrying news on that front, from Europe. New official figures show that the combined total debt of all 17 nations using the euro currency has now risen to 90 percent of their gross domestic product. That means the euro debt crisis is far from over, and that's bad news for the US economy. Jacob Kirkegaard, a research fellow at the Peterson Institute for International Economics, says Europe's ailing economy impacts the American industry in many ways.
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