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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 ....
Greg: i get it what can you do. Happy tuesday. Greg: harris is in the middle of a media blitz doing the view, 60 minutes howard stern in front of more old then brian stelter s boxers. Your appearance on 60 minutes so bad biden turned over in his grave. She then went on the views saying she wouldn t have done anything different than biden in the last four years except pick a better vp. When the secret service patted down joy behar they found a pound to of bratwurst and kielbasa. She turned 82 yesterday and celebrated by eating pinata of sardines. No candles because whoopi goldberg might have broke wind. Jimmy fallon revealed he had harris saved as my dry cleaner. I could use one of those says one man. I wonder what alias harris has for tim walls and hit her phone. For the next week shell help the president make the transition from the oval office to his new home by the way what the hell was she wearing yesterday. Obviously it s a jacket from the charles payne collection. And gemma pentz ....
Live from london, this is business today. We start with uber, the us Tech Firm that has become a global transport giant. Around The World some 6 Million people work as drivers and couriers through the uber app, and their services are used by 150 Million people at least once a month. Well, the boss of uber, dara khosrowshahi, has been talking to our business editor simonjack, about their plans to make the firm greener and get more of their drivers using Electric Cars. But hes worried that trade tensions with china are getting in the way. The us and europe are hitting chinese Electric Cars with hefty Import Taxes or tariffs ....