USA to bail out EU?Wonderful to know that we're so flush we can afford to spread our wealth around.
Looks like it,
US Ready to Back Bigger EU Stability Fund: Official
The United States would be ready to support the extension of the European Financial Stability Facility via an extra commitment of money from the International Monetary Fund, a U.S. official told Reuters on Wednesday.There are contradictory reports regarding the extent of the proposed bailout, but
U.S. Treasurys’ prices fell and the euro strengthened against the dollar on Wednesday after the news that the United States would be prepared to support an enlarged EFSF.