Posted Jan 6, 2017 by Martin Armstrong
Unfortunately, much of Europe is facing sever cold weather as temperatures plunged below zero with heavy snowfalls. Additionally, this is the worst coastal storms Europe has seen in a decade. Take a look at this chart. You will notice that this last warming cycle that has the lunatics calling this man-made global warming/climate change, was just a small blip. Unfortunately, this was like a minor short-cover rally in market terminology we would call a dead-cat-bounce. So while governments have been touting this as caused by man to justify taxes, we are headed into a sharp (hopefully) mini ice age. Europe will experience much colder weather. I follow our model and moved south to Florida. Everything is lined up for an economic decline in the decades ahead maunder-minimum has historically been the petri-dish-of-political-change.