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Coast, with Heavy Rain and strong winds. A record Storm Surge, up to 13 feet possible. Already tonight here, an outbreak of tornadoes. More than 20 reported tornadoes touching down already. A confirmed tornado Crossing I75. And the images of one Tornado Tonight tearing right through a neighborhood. You can see everything as it goes dark. Tonight here, my interview with the Hurricane Hunters flying right into this hurricane what they want you to know about the strength of this storm. Tonight, authorities now warning there will be no rescues until the hurricane passes. President biden and Vice PresidentKamala Ha ....
Its looking like the storm of the century. Everbody is woried about the same thing, you know, do i have a home to come back to . Norah and hundred thousands are without power with near the eighth quarter of Floridas Gas stations out of fuel. This hurricane is going to pack a major, major punch. Norah our interview with four to governor Ron Desantis from inside the states Command Center. The Cbs Evening News starts now. Good evening. Im Norah Odonnell in washington, along with vladimir duthiers, who is leading our team of correspondents in the path of vladimir duthiers, who i thank you for joining us. And as we come on the air, we are getting new information about this monster storm. A major category three closing ....
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 ....