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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 ....
You can see this time lapse here shared by american astronaut matthew dominick showing how this storm looks from space. Milton comes just days after hurricane helene tore through the southeastern us 225 people were killed by the natural disaster across six states. The back to back storms are expected to leave historic levels of damage that could take years to recover from. Unlike helene, milton will only pass through florida on its way to the atlantic ocean. President biden has postponed a trip to germany to oversee preparations and prepare a federal response. He urged those in milton s path to evacuate, calling it a matter of life and death also warning this could be one of the worst storms to hit florida in a century. Melanie bevan is the chief of police in bradentown a town that is right in the path of hurrican milton and experienced a lot of damage during the recent hurricane helene. She spoke about what a forecast like this means for law enforcement in the area. We have ....
Any questions . Yeah. Reporter when it comes to the number of people in your people are apparently choosing to stay behind, do you know how many people seem to be trying to ride this out . We dont. That comes up all of the time. You know, that kind of talk is so foolish. Said so many times do you want to pick a fight with Mother Nature and shes when he 100 of the time. And individuals and these say you are in a singlestory home, 12 feet is about that house. If you are in it, basically that is the coffin you are in. It is just of this magnitude, what we can hope for is that the storm goes a bit south. We dont want to wish anything on our neighbors. But if it went a little bit south, that would prevent Storm Surge from coming into Tampa Bay where it has no place to go. Bit is just a Storm Surge. It gets pushed into the bay and it is coming into the neighborhoods. Does it seem like most people are respecting that . Oh, yes, you can look at the traffic and it is incredible. I spoke with my ....
With Afternoon Everyone and Michael Michael Mccallum and this is The Story and we what a story it is we expect an update any moment now, we will take you live to florida governor Ron Desantis as he and his team are preparing for what is shaping up to be a once in a century epic hurricane. Milton is growing stronger, you can see training out to sea. Just north of cancun right now barreling towards florida over the next 24 hours and a little more than that among a live look at the packed roads as people tried to escape the state of Florida Or Move farther north or south to get out of this past, very tricky to determine what that will look like though. More than A Million people under Evacuation Orders in the state and today, Vice President harris is here in new York And Friendly Media territory with exactly four weeks to go from today is the election. She has been doing a number of interviews, among them shall sit down with Stephen Colbert tonight. Howard stern earlier today. And in the ....