On Mon, Aug 1, 2011 at 2:18 PM, The Total Collapse <no-reply@thetotalcollapse.com> wrote:
The Total Collapse
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- China To 'Employ' 1 Million Robots
- Putin says US a 'parasite' on world economy
- Debt deal likely to face defeat in US House on Monday
China To 'Employ' 1 Million Robots
Posted:
A Taiwanese manufacturer of parts for Apple, Nokia and Dell is planning to replace staff on assembly lines in its Chinese factories with robots. Foxconn also counts Hewlett-Packard and Sony Ericsson amongst its clients. The company presently "employs" 10,000 robots, but plans to increase this to 300,000 in 2012 and one million by 2014, its [...]Putin says US a 'parasite' on world economy
Posted:
Russian Prime Minister Vladimir Putin on Monday accused the United States of acting as a "parasite" on the world economy by accumulating massive debts that threaten the global financial system. "The country is living in debt. It is not living within its means, shifting the weight of responsibility on other countries and in a way [...]Debt deal likely to face defeat in US House on Monday
Posted:
The markets are popping champagne. The traders are clapping and cheering. The media is awash with the phrase "the crisis is over". But for a default to be averted, a vote on the agreement reached today still needs to be voted on and approved. Democratic and Republican leaders have conceded that while it's possible it [...]
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