Day: February 4, 2007

Note from JWR:

I recently spent an afternoon with The Memsahib at a COSTCO store. For our overseas readers: COSTCO is an American membership “warehouse” type grocery store chain that sells everything from canned hams to home computers. By the way, COSTCO is not to be confused with the Chinese shipping company, COSCO, although surely some COSCO goods end up in COSTCO stores. Just not to the same extent that they do at Wal-Mart. (Or, as my brother calls it: “Great Wal-of-China-Mart.”) We were at COSTCO primarily to stock up the Rawles Ranch on paper products, soap and cleaning supplies, and some staple …


The CDC’s New “Five Categories” for Pandemic Severity

Several SurvivalBlog readers mentioned an article that ran recently in the New York Times: U.S. Issues Guidelines in Case of Flu Pandemic. The article begins: “Cities should close schools for up to three months in the event of a severe flu outbreak, ball games and movies should be canceled and working hours staggered so subways and buses are less crowded, the federal government advised today in issuing new pandemic flu guidelines to states and cities. Health officials acknowledged that such measures would hugely disrupt public life, but they argued that these measure would buy the time needed to produce vaccines …


Three Letters Re: Pondering Some Personal Consequences of Global Climate Change

Dear Jim, In response to this: “(See the movie The Day After Tomorrow regarding tipping points). Discoveries of animals flash frozen solid with fresh grass their stomachs points to the possibility of a very fast onset to global climate change.” The Day After Tomorrow was roundly slammed by scientists and went beyond ludicrous, and the “flash frozen” animals are a myth that has never been documented. The recovered frozen mammoths have all been highly putrefied. At present, the evidence of warming is mixed, with glaciers in Europe, South America and Antarctica all increasing [in size]. Even with the current Northern …


Odds ‘n Sods:

Don’t miss the recent economic analysis from ContraryInvestor.com (by way of our friends at Gold-Eagle.com): We’re Swimming In Liquidity, Aren’t We? The charts say it all! We are about to experience the inevitable outcome of the liquidity bubble. Major market corrections are rarely fun. When market imbalances get way out of proportion and then markets do correct, it can get ugly. (For example the deflationary Great Depression of the 1930s, which followed the credit bubble of the 1920s.) Rawles Mantra mode on: Be prepared. Diversify out of the dollar. Get out of debt. Invest in tangibles.    o o o …