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Monthly Archives: August 2017

“There Will Be Blood”: S&P Warns Failure To Raise Debt Ceiling Would Be “More Catastrophic Than Lehman”

zerohedge.com / by Tyler Durden / Aug 30, 2017 2:06 PM With just one month left until the Treasury “X-date”, or the moment when it would run out of cash without a debt-ceiling resolution… … the time has come for dire, apocalyptic threats to spook Congress into action and specifically reaching a compromise …

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Made in the USA (by Robots): China to Open Sewbot Factory in Arkansas, Producing Shirts for 33 Cents

mishtalk.com / Mike “Mish” Shedlock / August 30, 2017  A Chinese T-shirt company is setting up shop in Arkansas, lured by U.S. sewbots and lower production costs. It will cost about 33 cents to produce a shirt. Please consider China Snaps Up America’s Cheap Robot Labor. “Made in America” will soon …

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XIV — It’s Happening Again…

news.goldseek.com / By Mike Golembesky / 30 August 2017 After falling 26% from the July 8th high the XIV has seen a retrace and is now trading 15% up off the August 8th low. The smaller degree wave structure of the move up off that low has been very sloppy …

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Arkema CEO: “No Way To Prevent Imminent Explosion” At Flooded Texas Chemical Plant

zerohedge.com / by Tyler Durden / Aug 30, 2017 4:27 PM Yesterday we reported, that in a potentially disastrous outcome from the Harvey flooding, a chemical plant in Crosby, Texas belonging to French industrial giant Arkema SA, has announced it is evacuating workers due to the risk of an explosion, after primary power was …

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Professor Explains Why We Can’t Preemptively Strike North Korea: “North Would Turn South Korea Into A Desert”

shtfplan.com / Mac Slavo / August 30th, 2017 Following North Korea’s recent missile test, which ominously flew over Japan, the specter of war with the hotheaded nation was raised once again. As time goes on, it seems less and less likely that the Kim regime will back down from its …

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