CNBC’s Jim Cramer Explains How the European Credit Crisis Impacts the U.S.: We are at “DEFCON 3 – Two Stages from a Financial Crisis So Huge it’s Hard to Get Your Mind Around” – Video 11/28/11
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Here is video of CNBC’s Jim Cramer explaining in his unique style how Europe’s Credit Crisis can have dramatic effects on the U.S. Economy.
Cramer says we are now facing a “DEFCON 3″ in terms of the economy, “two stages from a financial collapse so huge it’s hard to get your mind around.”
