President Barack Obama said resolving the European debt crisis is of “huge importance” to the U.S. and his administration is “ready to do our part” in stabilizing the global economy.
Obama said a “large part” of the annual U.S.-European Union summit was spent on the impact of the crisis in the euro- zone. He spoke at the White House after meeting with European Council President Herman Van Rompuy and European Commission President José Manuel Barroso.
Was there ever any doubt? Do any of you have a few $Trillion laying around that you don’t need? Will the Fed print it up and open swap lines to convert it to Euros?
In case you thought the Euro crisis wasn’t your concern:
Can you hear me now?