Europe's Financial Crisis is Headed to America

Europe's Financial Crisis is Headed to America - The Daily Beast
So why should Americans care about any of this?
The first reason is that, with American consumers still in the doldrums of deleveraging, the United States badly needs buoyant exports if its economy is to grow at anything other than a miserably low rate.
And despite all the hype about trade with the Chinese, U.S. exports to the European Union are nearly three times larger than to China.