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Detailed text transcripts for TV channel - MSNBC - 20120427:11:06:00

over the past two years, europe hasn t cleaned up its banks, and the central bank has kept up until the replacement of the head of the central bank, they really kind of engineered a recessionary policy for all of europe. and this double dip, which the uk is going through, is a european double dip. if it gets severe, it s going to hit us for sure right in the middle of the election campaign. right. and, you know, it s interesting. dan, jeffrey s right. western governments have been slowing down. you ve had countries like china experiencing near double dip i mean, double digit growth. and yet that even appears to be slowing down. which causes a drag in europe, which causes a drag here. we may have a real slowdown of the economy. and let s say your guy, mitt romney, wins. what happens if we re in another recession? does mitt romney and the

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