we wouldn t bail out spain. it s like the bear stearns example. and we had to keep bailing out. gregg: what about us? the cbo that our debt will reach 90% of gdp under president obama s budget. could we on soon face a crisis like in greece. as ben bernanke has suggested in testimony? there are a lot of similarities. there are huge zivts. the government is growing. imf is asking greece to change all those things. this, in a way has taken a spotlight off of our own deficits. the euro hit a low against the dollar. the dollar is much more competitive. that makes our exports less competitive. nation s global recovery or the european one could be hit hard.