David Frum : Americans have a big stake in the outcome of the euro crisis . At that point , the federal government refused to release any more gold , and the country plunged into one of the worst depressions in U.S. history , exceeded only by the Great Depression of the 1930s . He says crisis could lead to a serious recession in 2012 . Comment:
David Frum : Americans have a big stake in the outcome of the euro crisis . He says crisis could lead to a serious recession in 2012 . Comment: