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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 ....
Thank you so much for letting us into your homes during these extraordinary times. We re grateful. Please stay safe. The beat with ari melber starts right now. Hi, ari. Hi nicolle. Welcome to the beat. Warning against maga disinformation. Both candidates have been speaking out. We have more on the intersection of this humanitarian damager and the campaigns later this hour. While the latest reports indicate this volatile category 3 will double in size and make landfall in florida within hours. Experts caution it could end up being the worst such weather event in possibly a generation. I can give you a couple of factoids before we bring in our experts. Sustained wind speeds up to 130 miles per hour, projected 15foot storm surges in the worse spots, a foot and a half of rain in the densely populated tampa area is expected. And you can see fort myers, sarasota, tampa, all in the path, as it will barrel across the west coast. You see that on your screen with the map of florida. Authorities ....
Hurricane milton has re strengthened to a category five storm as it barrels straight towards florida. People there are evacuating en masse, ahead of its projected landfall on wednesday night local time. The national hurricane center says the storm has doubled in size since tuesday. You can see this timelapse, here shared by american astronaut matthew dominick, showing how this storm looks from space. Local authorities and weather experts say milton will bring a destructive storm surge, in which some areas will not be survivable. Hundreds of flights have been canceled ahead of its landfall, which is expected to bring strong winds of up to 165 mph or 270 kph. Milton comes just days after hurricane helene tore through the south eastern 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 atlan ....
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 ....