If Europe's contagion gets out of hand, it could lead to a global banking crisis worse than what...

|By:, SA News Editor

If Europe's contagion gets out of hand, it could lead to a global banking crisis worse than what we saw in 2008, asserts IHS Global Insight's Rex Nutting. "The U.S. economy is skating on very thin ice," he says, and any sizeable European financial shock could send us "right through the ice and into deep water."