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Mid-Michigan News from NBC25
Latest news from around Mid-Michigan, the State of Michigan and the Nation/World
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Monday, July 25, 2011
We may be sitting on a political safety net throughout 2011, but come 2012 and 2013 get ready, because the global financial crisis is looming overhead.
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Friday, July 22, 2011
While the financial situation in the U.S. varies greatly with Greece and China, we will face results remarkably similar.
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Thursday, July 21, 2011
China is also looking to kick their economic problems down the road.
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Wednesday, July 20, 2011
Efforts at a new rescue package simply call for funding and support from the European Union, European Central Bank and the International Monetary until 2013 or 2014 when, hopefully, Greece will be able to sell debt in the markets again.
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Tuesday, July 19, 2011
Using a combination of interesting accounting, additional spending and subsidies, the promise of a looming global financial crisis in 2012 or 2013 will not only be bigger and harder to solve, but will also raise the odds of an additional serious crisis about five years after the last one.
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