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
Carried out by terrorists, sparking a war in gaza that has no end in sight. Well look back at that dark day and get a live report from israel on the current situation there. Also ahead, Vice President Kamala Harris was pressed on whether the United States has an ally in israeli Prime Minister benjamin netanyahu. Well bring you her response, and it comes as Donald Trump is encouraging it real to ramp up attacks on iran. Well play for you his comments. Good Morning And Welcome to Way Too Early on this monday, October 7th. Im jonathan lemire. Thanks for starting your Day And Week with us. Today, in deed, marks the Oneyear Anniversary of the deadliest Terror Attack in israel. Last year hamas fighters stormed across the gaza border, rampaging communities in southern israel. They killed about 1,200 people, and took more than 250 hostages. The biggest massacre happened in the desert where thousands of people were attending the supernova music festival. 364 people were killed there, many other
Matter what tshirt it is, youre right to have safe Health Care. Thats it. Go online, Call Or Scan right now. Eva mckend on the role that harris Cnn Donald Trump speaks in Battleground Michigan as he tries to recreate some 2016 magic and tear down the blue wall while Vice President Kamala Harris works to reinforce course the wall with the help of a highbrow republican plus a couple of new problems could throw a wrench into the economy ahead of Election Day, a major Port Strike and a rise in Oil Prices could make for an October Surprise. How these two major headlines could affect you and the 2024 race . Plus another reason to always check the Fine Print of Court Ruling that a couple involved in a terrible accident during an Uber Ride Cant sue The Company. Wait until you hear the reason why were following these major developing stories and many more all coming in right here. Cnn news central duo hitting the trail here in just a few hours, former Republican Congresswoman Liz Cheney and Vic
11 00 here in los angeles. This is americas late News Fox News At Night. Breaking tonight we are 59 minutes away from by all accounts what could be a crippling strike by Port Workers along the east on the Gulf Coasd become the most disruptive strike to the u. S. Economy in decades. Potentially costing 5 Billion a day with very few indications that a deal might happen in the next hour. The pro Union President does not seem all of that bothered. When you intervene in a strike and they go on strike as you said . No. Trace not it is the secretary of commerce. Where have you been focused. Hearing what would happen if the strike goes on longer than a week . Again. I have not been very focused on that. If you wanted to have me back as Commerce Secretary later in the week maybe we could talk about that. But as i said i have not been particularly involved. Trace in the meantime much of the self is reeling from the devastating effects of Hurricane Helene. Vice president harris heading west to Sa