Functioning Banking System News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Pretty much on the verge of economic collapse with a banking system that is no longer functioning banking system that is no longerfunctioning properly. david willisjoining us longerfunctioning properly. david willis joining us from la, thanks very much, good to see you. a jury in the trial of the british socialite ghislaine maxwell, has decided to reconvene after christmas, after failing to reach a verdict on wednesday. ms maxwell, a close associate ofjeffrey epstein, denies eight counts of sex trafficking and other crimes. our correspondent, barbara plett—usher, has been following the trial...

Childhood in afghanistan. she joins me now. you have been very vocal as an advocate about this, about the humanitarian crisis unfolding in afghanistan. what is your reaction to this proposed policy from the white house today? >> well, chris, thank you for bringing up this issue on your show before and for having me on. this was a devastating day for afghans who were hoping to have a sign that their economy would have a chance of surviving in that they would be able to have a central bank, which the united states invested in. we spent 20 years building up a central bank in afghanistan, modeled ...

Today, afghanistan, after all it's been through, is a place they're desperate to leave. a few days later, visa applications here were temporarily suspended because of overwhelming demand. people are trapped in poverty, with no access to cash. you can't run a private sector economy if you haven't got a functioning banking system. and at the moment, afghan traders, never mind the government, can't pay for food, fuel, medicines that are essential to import into the country. all of that needs a shift in western policy and it needs it urgently, notjust as a matter of political rhetoric, but because...

You can't run a private sector economy if you haven't got a functioning banking system. and at the moment, afghan traders, never mind the government, can't pay for food, fuel, medicines that are essential to import into the country. all of that needs a shift in western policy and it needs it urgently, notjust as a matter of political rhetoric, but because literally lives are at stake. the aim of sanctions is to force the taliban to behave better. there are few women on the streets here,

Look at the trillions of dollars in lost lending to our country while we give them $30 trillion. it's a math problem. our next guest's newest book argues that the regulators misrepresented the truth of the crisis in order to validate overzealous federal action. that's one way to look at it. three years later, unemployment still a disaster, housing market still a disaster, and we keep printing money. those are just symptoms, by the way, of the fact that we do not have a culture of investment in our country because we do not have a functioning banking system to do it. verne mckinley, author of "...