A Wall Street sign in New York City's financial district.
A Wall Street sign in New York City's financial district. - 
Listen To The Story

Kai Ryssdal talks with Leigh Gallagher from Fortune magazine and Marketplace's New York bureau chief Heidi Moore.

On how the Greek debt crisis will affect the U.S.:

Leigh Gallagher: The odds of it really affecting the U.S. in a major way, I would put, at this point, still pretty small. I mean, the situtation there is pretty serious. Greece is just a fraction of the Eurozone GDP, but really so many countries and European banks hold its debt, the fear here is contagion.

On why Greece's economic future is unclear:

Heidi Moore: Our grasp of banking data is as bad as it ever was. And there are a lot of contracts out there in the market where people have bet on whether Greece will fail or not. And not just Greece -- Italy and Spain. And a lot of those contracts -- insurance contracts, really -- are going to determine how well the banks survive this.

For more, click on "Listen to the story" at the top of this page.

“I think the best compliment I can give is not to say how much your programs have taught me (a ton), but how much Marketplace has motivated me to go out and teach myself.” – Michael in Arlington, VA

As a nonprofit news organization, what matters to us is the same thing that matters to you: being a source for trustworthy, independent news that makes people smarter about business and the economy. So if Marketplace has helped you understand the economy better, make more informed financial decisions or just encouraged you to think differently, we’re asking you to give a little something back.

Become a Marketplace Investor today – in whatever amount is right for you – and keep public service journalism strong. We’re grateful for your support.