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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 ....
Pandemic problem and need to fight with everything we ve got still. ed young appreciate you coming on the show and your reporting and analysis. thanks so much. thanks for having me. as kids get ready to go back to class we are already seeing horrific stories in school districts where covid is raging. in broward county, florida this week three teachers and one teaching assistant all died of complications from the coronavirus on the same day. at least three of them were unvaccinated. the cdc s recommending that both adults and children wear masks as they return to the classroom in the fall. but given how contagious the delta variant is should teachers be required to get vaccinated? we have the president of the teachers union, american federation of teachers, and joins me now. thank you so much for coming on the show tonight. back on sunday you said you personally supported a vaccine mandate for teachers and at the time your union didn t endorse one. some people said oh, well, you k ....
Tackle this problem than someone, like an eric adams, who has spent his career in law enforcement, katherine? yeah. i ve actually run an agency that had law enforcement in it. and i have a strong plan for not only dealing with the crime that we are seeing today. getting guns off the street. i have committed to get 10,000 guns off the street. we have seen some really horrifying videos of kids caught in crossfire. but also, making the investment in communities. so that, you have a guaranteed job if you re 16 to 24. we have to make sure that we re doing the reform required and getting the culture changed in the nypd. so it s not a warrior class. it s a guardian class for all of our communities and i know that i am the one to put that in place. i mean, let s be honest. his union didn t even endorse him. they don t have confidence that he can get crime under control. you know, and so, you and andrew yang have campaigned ....