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Hurried preparations, there s also a new worry. Limited resources. Gas stations literally running on empty, and grocery store shelves picked clean. Nbc s marisa is joining us from tampa. Jay gray is standing by in ft. Myers. And meteorologist michelle grossman is tracking the storm for us. The track of this storm has shifted slightly since yesterday. Where do we expect landfall now? yeah, this has kind of wobbled back and forth, ten miles north or south. As we go throughout time, we are anticipating that westcentral u. S. Coast impact on the state of florida. We are looking at a category 4 storm. This is catastrophic. People are going to lose homes. There s a threat to life and property. So we re going to watch this very closely, we are about 16 hours away from landfall. We re looking at winds of 155 miles per hour. Yes, it weakened to a category 4, but keep in mind a category 5 is 157 miles per hour, so this is a very strong category 4 strong. It s heading northeast at 6 miles per hou ....
Going to be different? and so the difference between what they re used to and what this will be, as a way to, hopefully, give them more encouragement to know that they need to get out? thank you, madam vice president. Yes, we are emphasizing the size and intensity of the storm and the direction at which it s approaching which is unusual and really raises that storm surge risk for the west coast of florida. We typically see hurricanes approach the west coast of florida from the south or southeast parallel to the coast. This track, more perpendicular to the coast raises the storm surge risk. And the size of the storm is going to produce hazardous impacts across much of the peninsula. So, we ve been hitting the surge risks on both coasts, and flooding and tornadoes, trying to emphasize the scale and breadth of the threat which is somewhat unusual for milton. Thank you. Thank you for your good work. Mike, one more question yes, sir. For people listening, what is the width from the state o ....
Evacuate now, now, now, you should have already been evacuated. That s not hyperbole, it s a matter of life and death. President biden urging floridians in the path of hurricane milton to take seriously evacuation orders from local officials. It comes as the storm is gaining strength in the gulf, expected to make landfall in the next 24 hours. We have the very latest on the hurricane s track. And a live report from florida straight ahead. Also ahead, a new book by longtime journalist bob woodward is putting donald trump s relationship with vladimir putin back into the spotlight. We re going into the staggering new revelations. Good morning, welcome to morning joe. It s wednesday, october 9th along with willie and me, we have jonathan lemire, eddie glaude jr. And president emeritus of the council on foreign relations, richard haass. He s author of the weekly newsletter home and away available on substack. We have a lot to talk to, richard, especially on the revelations of covid tests se ....
Before making landfall earlier than expected tonight in florida. Forecast to bring up to 15 feet of lifethreatening storm surge to some regions, up to 18 inches of rain in areas like tampa, and catastrophic, sustained winds. At this hour, parts of florida are already feeling the effects as milton grows in size and moves closer to the west coast. More than 1 million people are under mandatory evacuation orders. Thousands are still fleeing the state in search of higher ground, as the window to get out starts to close, and resources dwindle. As of this morning, 60% of tampa bay s service stations reported they are completely, completely out of gas. And now tornadoes like this one in broward county, hundreds of miles from milton s core. This is new video of it crossing i75 today. I ll speak with one of florida s mayors, the one who has rode out a whole lot of storms since the mid70s in a moment. What he says milton could do. First, let us get to our reporters. Joining us now, nbc news corr ....
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 ....