What could go wrong? The greed levels on the Bloomberg fear and greed index for Nasdaq has even surpassed the dot com bubble mania.

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What could go wrong? 😜 https://t.co/IWTKyLuhe3 — JoeFriday714 (@joefriday_714) February 21, 2021 JUNK BONDS ARE AT AN INFLECTION POINT 👇👇👇 pic.twitter.com/b81HtEDNev — Win Smart, CFA (@WinfieldSmart) February 22, 2021 https://twitter.com/MFHoz/status/1363571368105754624 https://twitter.com/VolatilityQ/status/1363601460102103040 Market caps and valuations are very high and many of these names just don't move anymore. The indices needing to rebalance out could be … Read more

Martin Armstrong: What Happened with the GameStop Stock?

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Armstrong Economics, Released on 2/22/21 Martin Armstrong answers your questions. Have a question to ask? Email us at armstrongeconomics@gmail.com. Martin Armstrong is a world renown economist and the creator of the Economic Confidence Model. He is the founder of Armstrong Economics – a public service and blog for the average person to comprehend the global economy and for professionals … Read more

Bubbleicious! Bitcoin Falls Most in a Month on Worries Prices Are Excessive (Munis Have All-time Low Spreads To Treasuries)

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by confoundedinterest17 One possible definition of an asset bubble is … when Elon Musk tweets about something and its price drops by 8.2%. (Bloomberg) — Bitcoin gave up all its gains from weekend trading as analysts questioned whether the cryptocurrency is overheated. (Bticoin) Prices dropped as much as 8.2% during the European session, falling back to around … Read more

ROGER KIMBALL: WHY WE NEED AN INQUIRY INTO JANUARY 6TH. “Five people died at or near the Capitol that day. None was murdered by the protesters.

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Ashli Babbitt, a pro-Trump activist, was shot in the neck at close range, apparently by a law enforcement officer, and died of the wound. That was the only shot fired at the Capitol that day. The liberal commentator Glenn Greenwald further diminishes the ‘armed insurrection’ meme in an important column titled ‘The False and Exaggerated … Read more

VAGUE LAWS ARE VAGUE FOR A REASON: Indiana Senate Passes Bill To Let Government Steal Stuff From People Suspected of ‘Unlawful Assembly.’

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The Indiana Senate on Tuesday voted 37-8 to pass a bill that would give the government broad powers to seize assets from people suspected of “unlawful assembly,” which, under state law, is defined as “an assembly of five (5) or more persons whose common object is to commit an unlawful act, or a lawful act by unlawful means.” If that sounds … Read more

Tech firms unveil anti-disinformation code in Australia as call for action follows government inquiries

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DIGI, a nonprofit industry association that represents tech giants in Australia, including Facebook, Google and Twitter, has announced that the sites have agreed to a code of practice to fight misinformation on their platforms. The group, incorporating Facebook, Google, Microsoft, Redbubble, TikTok and Twitter, has agreed, following pressure from the Australian government, to take the … Read more

Texas utility regulators will temporarily ban power companies from billing customers

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Texas utility regulators will temporarily ban power companies from billing customers or disconnecting them for non-payment, after the deadly winter storm that caused widespread blackouts, Governor Greg Abbott said on Sunday. Abbott called an emergency meeting with state lawmakers on Saturday after reports of many customers receiving bills for thousands of dollars for just a … Read more

JESSE KELLY: “Any platform from the Right that doesn’t involve wholesale changes to America’s education system is just moving the deck chairs around on the Titanic. Take back the youth from the communists or your country is over.”

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https://twitter.com/JesseKellyDC/status/1362922706048602112 Every politically controlled educational system will inculcate the doctrine of state supremacy sooner or later, whether as the divine right of kings, or the “will of the people” in “democracy.” Once that doctrine has been accepted, it becomes an almost superhuman task to break the stranglehold of the political power over the life of … Read more

If This Isn’t A Blow-Off Top …

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BY JOHN RUBINO Financial history includes plenty of extreme years. That’s not surprising, since we’re emotional beings with short memories. Combine those two traits and you get cycles, many of which end with a bang. Even so, this one stands out. A full accounting of the ways in which today’s financial markets have exceeded previous bounds … Read more

UK police – “Being offensive is and offence”

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Merseyside Police outside an Asda store today. “Being offensive is an offence.” Staggering. pic.twitter.com/VBeCJsDS2s — Paul Embery (@PaulEmbery) February 21, 2021 A 48 sheet poster, printed and promoted by the police, that contradicts UK law. It’s no wonder people are being harassed on the streets for eating a sandwich, when we let these away with … Read more

Science Proves That Time Is Running Out For Humanity…

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by Michael Snyder Even if we weren’t facing an apocalyptic future of our own making, humanity would still be doomed due to the nightmarish reproductive crisis that we are now facing.  Just about every measure of human fertility that you can measure is dropping precipitously, and this is particularly true in the western world.  As … Read more

Don’t Just Blame The Greenies For The Crisis: It’s Central Economic Planning, Stupid!

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by Ron Paul of Ron Paul Liberty Report Americans have clearly lost their way. The same failed ideas are being played out in all the various aspects of our lives. Fortunately, the way back is not complex, but actually very easy. Americans must (once again) discard the disastrous belief in top-down government central planning and one-size-fits-all policies. They … Read more

Texas gas stations closed

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They can’t pump fuel without electricity. Truck drivers stranded, shelves will empty out as a result in other states, I’m already seeing it. There is no popcorn anywhere. Any of our other Southern state members stuck without gas other than Texas? https://www.houstonchronicle.com/news/houston-texas/houston/article/Power-outages-causing-gas-stations-to-close-15957194.php https://www.bloomberg.com/news/articles/2021-02-19/gas-stations-still-dark-as-texas-emerges-from-big-freeze https://www.msn.com/en-ca/sports/news/some-texas-gas-stations-run-out-of-fuel/vi-BB1dNLsa   h/t  chasity

Shocker: Biden DOE forced Texas power grid to below 60% capacity to meet arbitrary Green emissions targets; demanded multi-million dollar residential power bills to overrule.

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https://twitter.com/amuse/status/1363522279141826560 https://twitter.com/amuse/status/1363522293876461569 https://twitter.com/amuse/status/1363522310183944193 Biden Refused Abbott’s Request That He Sign Major Disaster Declarations For 177 Texas Counties After Refusing To Allow Texas Power Plants To Operate At 100% Capacity Resulting In Massive Power Outages   h/t  KiT