Alan-A-Dale: [singing] Every town / Has its ups and downs
Can a country with a GDP ($23 billion) only 1/10th the size of Detroit, Michigan or one half of Tulsa, Oklahoma be a systemic risk to the global economy and clip, say, $300 billion in value, off the U.S. stock market? […] Detroit, for example, is on its way to bankruptcy and you hardly hear a peep from the Euro Bears or their American comrades.
previously { Baby Ben Bernanke }
