1:55pm

Thu September 15, 2011
Europe

How The European Debt Crisis Could Spread

Credit AFP/Getty Images
A giant logo of the euro can be seen outside the headquarters of the European Central Bank in Frankfurt, Germany.

The world's major central banks are so worried about Europe's debt crisis that they are moving to shore up eurozone banks. The troubled banks hold billions in sovereign debt of Greece, Spain, Portugal and other struggling countries.

Left unchecked, this crisis could spill over into the U.S. economy. Here's how Europe's troubles could migrate to the U.S. and the rest of the world.

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