With Hurricane Irma, now an “extremely dangerous” category 5 storm bearing down on southeastern Florida, the Miami Herald reports that Miami Mayor Carlos Gimenez has told reporters that an evacuation order was "probably coming late Wednesday or early Thursday." According to the latest forecasts, the storm is expected to make landfall in the US this weekend, unless the jet stream pulls it in a more northerly direction.
Authored by Robert McKeown via The Mises Institute,
As Hurricane Harvey, now tropical storm Harvey, makes its way across the southern US, estimates have already come in as to the cost of the storm. According to AccuWeather, Harvey is expected to cost upwards of $190 billion in damages, one percent of the national GDP. This makes Harvey the costliest storm ever to hit the United States, more than Katrina ($100 billion) and Sandy ($60 billion) combined.
Here Come The Clowns
Authored by Michael Snyder via The Economic Collapse blog,
On Monday, Hurricane Irma strengthened into a category 4 hurricane, and today became an "extremely dangerous" category 5 hurricane, with some meteorologists are projecting that it will remain so until it eventually makes landfall in the United States. And since a “category 6” has not been created yet, category 5 is as high as the scale goes at the moment.
President Trump has threatened a quick termination of NAFTA a countless number of times, with the latest coming just last weekend via twitter:
We are in the NAFTA (worst trade deal ever made) renegotiation process with Mexico & Canada.Both being very difficult,may have to terminate?
— Donald J. Trump (@realDonaldTrump) August 27, 2017
As part of South Korea’s response to the latest escalations out of its northern neighbor, the country's defense minister on Monday said it was "worth reviewing the redeployment of American tactical nuclear weapons to the Korean Peninsula" to guard against the North, a step that analysts warn would sharply increase the risk of an accidental conflict. On Monday, South Korean Defense Minister Song Young-moo said that he asked his American counterpart, Jim Mattis, during talks at the Pentagon last week that strategic assets such as U.S.