The issues china is facing. Short of these stimulus packages, we don t know a great deal about where the money is being spent. Would you be looking for in order to try and turn these futures around 7 one of the big issues is the banking system is huge in china, it is loaded with bad debts. It s been forced to lend to bad projects for so long so the first thing to do is rescue the banks of this is something that the fed did after the financial crisis. system. Instead of giving them more money to lend and using that money to set up a fund, buy from them all of the bad assets and let them go back to a clean balance sheet and start over. The government can hold this bad debt, these bad property investments for a very long time but the banks need to have a better capital base to start lending again and you need to stop forcing them to lend only to state owned enterprises which are not profitable and bad projects, bad infrastructure projects with a 1% return on assets. You need to get the
Fanning the flames. What can the government do? we talked again about the issues china is facing. Short of these stimulus packages, we don t know a great deal about where the money is being spent. Would you be looking for in order to try and turn this future is around? one of the big issues is the banking system is huge in china, it is loaded with bad debts. It s been forced to lend to bad projects for so long so the first thing to do is rescue the banks of this is something that the fed did after the financial crisis. Instead of giving them more money to lend and using that money to set up a fund, buy from them all of the bad assets and let them go back to a clean balance sheet and start over. The government can hold this bad debt, bad property investments for a very long time but the banks need to have better capital to start lending again and you need to stop forcing them to lend only to state owned enterprises which are not profitable and bad projects, bad infrastructure projects w
Out the facts. But more and more and in the world in which we live but it has always been the way, ever since there has been war conflicts and wars always unfold on two levels. One is the facts on the ground and the other is the perception of the facts on the ground. And these perceptions now have become an increasingly hostile battlefield. I don t need to tell both of you that it is nothing less than a battle for the truth. So, that it s notjust that something happened, it s what other people think happened. And that feeling of what they think happened can matter more in the evolution of the conflict and in terms of how the story is told and retold and told again and then, it becomes history. And the efforts of the people within these stories to influence how the media helps shape those perceptions, they must ve changed the way that they try and influence how you and many others cover the stories? they have many more tools now. Before, it was simply face to face. Then, we went thr
Florida latest track, and we ll take you inside this inter, also, secret calls and special deliveries. What donald trump was reportedly sneaking to vladimir putin as a pandemic was ravaging the united states. And how many calls they ve had since trump left office. Cnn has the new details from bob woodward s new book and vice president harris tonight initially drawing a blue blank when she was asked what she would do differently than president biden and then one notable change came to mind. I m kaitlan collins, and this is the source battered for the second time in about as many weeks that much we know for sure tonight as forecast are saying that this storm could weaken, but it is expected to double in size what we don t know for sure tonight is exactly where this monster storm is going to make a direct hit twice tonight, more than 1 million people have been ordered to evacuate forecasters. Florida s governor, mayors, up and down that state are pleading with people not to mess around wi
You for your time. Appreciate it. That is all in on this tuesday night. Good evening, alex. What is happening in springfield, what is going on in ohio? how can the senate race be so close, but here we are. We showed you those numbers. His ability to outperform the top of the ticket in that state is one of the most remarkable anywhere in the country. Political tenacity is sherrod brown s middle name. Thank you, my friend. More than 5. 5 million people are under voluntary or mandatory evacuation orders in florida tonight as the state braces for the impact of hurricane milton. Polls were waived and highway shoulders were opened to try to ease clogging as florida residents took to the roads to get out of the storm s way. Hurricane milton is expected to make landfall late tomorrow night or early thursday morning and while anything could change in the next 24 hours, milton is expected to drive straight through central florida. The first direct strike by a hurricane in areas like tampa in mor