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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 ....
Allison, scott jennings, congressman ro khanna, scott taylor, and kara swisher with 27 days it s to go americans with different perspectives aren t talking to each other. But here they do i m abby phillip in new york. Let s go right to what america is talking about. Which candidate can make your life better, or kamala harris is in the middle of a media tour and today she got a question that speaks to what s on your mind, the direction of the country, and what it s headed for, and how it might look different if she had led the country through the last four years and not joe biden, while her answers singled out, that she was a little surprised by the question, just listen would you have done something differently than president biden during the past four years there has done a thing that comes to mind in terms of and i ve been a part of most of the decisions that have had impact. Listen, i plan on having a republican in my cabinet. You got it less difference between joe biden and me. Wil ....