Food Prices Due to the Little Ice Age

by Martin Armstrong Food prices rose due to the first Black Death whereby 50% of the population died which created a shortage of labor. This is what ended serfdom and began capitalism with the payment of wages. Then the weather began to turn sharply colder as the sun went into a solar minimum for a protracted … Read more

China’s Gas Demand Growth Slows Further On Coronavirus Outbreak

By Tsvetana Paraskova The coronavirus outbreak is additionally depressing China’s already slowing gas demand growth to the point that analysts have revised down their estimates for Chinese gas demand growth this year and are warning of a knock-on effect on global liquefied natural gas (LNG) markets. Two out of five analysts polled by Reuters expect China’s gas demand growth … Read more

Epic – Trump says the lesson of impeachment is Democrats are ‘crooked’

Q: “Some Republicans have said they hoped you would learn a lesson from impeachment. What lesson did you learn from impeachment?” President Trump: “That the democrats are crooked…that they shouldn’t have brought impeachment and my poll numbers are 10 points higher.” Q: "Some Republicans have said they hoped you would learn a lesson from impeachment. … Read more

Tim Pool: Survey Shows Leftists Are More Likely To Have Mental Illnesses, Far Left Being The WORST [VIDEO]

 Politics Survey Finds People Who Identify as Left-Wing More Likely to Have Been Diagnosed With a Mental Illness A new survey of more than 8,000 people has found that those who identify with left-wing political beliefs are more likely to have been diagnosed with a mental illness. Ann Coulter’s “liberalism is a mental disorder” … Read more

An Executive Order Has Initiated ‘Department Of Defense Global Campaign Plan For Pandemic Influenza And Infectious Diseases 3551-13’

by Michael Snyder It appears that the U.S. military is taking this coronavirus outbreak extremely seriously.  An executive order has been issued which has initiated the implementation of “the Department of Defense Global Campaign plan for Pandemic Influenza and Infectious Diseases 3551-13”.  We don’t know all of the details of the plan, but we do … Read more

Credit-Card Interest Rates Soar to Record High, Bond Yields Drop to Record Low: What Gives?

My “Credit-Card Spread Index” blows out. Heck if I knew what that means, but it doesn’t mean anything good. By Wolf Richter for WOLF STREET. The average yield of investment-grade bonds (as per ICE BofAML US Corporate Yield index) dropped to a record low of 2.62% this week. This comes after the Fed cut its policy rates three … Read more

MSN: “Sacramento County Says It’s Illegal to Work on Your Own Car in Your Own Garage”

MSN: “Sacramento County Says It’s Illegal to Work on Your Own Car in Your Own Garage” There’s an interesting discussion happening over at the Grassroots Motorsports forum right now, and presumably at many other places off-line. It’s about laws in Sacramento County stating, essentially, that almost any auto repair you do on your property is illegal. Of course, … Read more

1 in 3 American Workers Run Out of Money Before Payday… Household Debt Exceeds $14 Trillion for First Time… Credit-Card Crazy… 

1 in 3 American workers run out of money before payday…  Going extra light at the grocery store. Cutting down on medical supplies. Buying clothing and household supplies secondhand. These are just some of the many ways many Americans are making it work when money is tight. For about a third of Americans, this is … Read more

Chinese numbers garbage

by Matties I do not know why anybody wants calculations with Chinese concocted numbers. Garbage in, garbage out. I still hold the “Chinese meme” that Asians are far more prone to this disease. Japanese should be very aware and awoke to use this word. Overfull (ICU) hospitals are at risk to spread the virus especially for … Read more

A volatility trader buys 100,000 $VIX calls in March for 49 cents, the S&P 500 Index continues to hit new all-time highs and discount coronavirus fears, & $VIX options and futures settled this morning at 14.56

A volatility trader buys 100,000 $VIX calls in March for 49 cents, the S&P 500 Index continues to hit new all-time highs and discount coronavirus fears, & $VIX options and futures settled this morning at 14.56. Host Michael Palmer pic.twitter.com/SHsrKSahHC — Cboe (@Cboe) February 12, 2020

Goldman Sachs sees limited upside for the S&P 500 from current levels and set a price target of 3400 by the end of 2020

🇺🇸 S&P 500 in 2020 Goldman Sachs sees limited upside for the S&P 500 from current levels and set a price target of 3400 by the end of 2020 👉 https://t.co/fChAdde3Tl h/t @GoldmanSachs#markets #sp500 $spx #spx $spy #stocks #stockmarket #equities #investing pic.twitter.com/4EbyNDXwiq — ISABELNET (@ISABELNET_SA) February 12, 2020 https://twitter.com/FerroTV/status/1227669554358341635

Powell just addressed this a moment ago when he said: “.. what it means is that 20 years from now, we’ll be spending those tax dollars — our children will be spending those tax dollars — on servicing the debt rather than on the things that they really need.”

Powell just addressed this a moment ago when he said: ".. what it means is that 20 years from now, we’ll be spending those tax dollars — our children will be spending those tax dollars — on servicing the debt rather than on the things that they really need.” https://t.co/aNvsfM7zF9 — Carl Quintanilla (@carlquintanilla) February … Read more

China’s Battered Banks Brace for Worst-Case Economic Scenario

The impact of the spreading coronavirus risks bringing to life the worst-case economic scenarios contained in China’s annual banking stress tests. Last year’s exercise envisaged annual economic growth slowing to as low as 4.15% — a scenario which showed that the bad loan ratio at the nation’s 30 biggest banks would rise five-fold. Analysts now say that … Read more

US gov files for a patent for flying craft based on UFO technology

Wow – so maybe some truth to these UFO sightings after all…. From article less than 10% “ The US government approved a patent for a spacecraft that uses anti-gravity (“repulsive gravity”), mass reduction and non-conventional (non-explosive combustion) propulsion. This form of propulsion possibly means no flames or explosions, but perhaps near-silent electromagnetic field propulsion.” … Read more