Best of the Week
Most Popular
1. TESLA! Cathy Wood ARK Funds Bubble BURSTS! - 12th May 21
2.Stock Market Entering Early Summer Correction Trend Forecast - 10th May 21
3.GOLD GDX, HUI Stocks - Will Paradise Turn into a Dystopia? - 11th May 21
4.Crypto Bubble Bursts! Nicehash Suspends Coinbase Withdrawals, Bitcoin, Ethereum Bear Market Begins - 16th May 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.Cathy Wood Ark Invest Funds Bubble BURSTS! ARKK, ARKG, Tesla Entering Severe Bear Market - 13th May 21
7.Stock Market - Should You Be In Cash Right Now? - 17th May 21
8.Gold to Benefit from Mounting US Debt Pile - 14th May 21
9.Coronavius Covid-19 in Italy in August 2019! - 13th May 21
10.How to Invest in HIGH RISK Tech Stocks for 2021 and Beyond - Part 2 of 2 - 18th May 21
Last 7 days
USDT is 9-11 for Central Banks the Bitcoin Black Swan - Tether Un-Stable Coin Ponzi Schemes! - 30th Jul 21
Behavior of Inflation and US Treasury Bond Yields Seems… Contradictory - 30th Jul 21
Gold and Silver Precious Metals Technical Analysis - 30th Jul 21
The Inadvertent Debt/Inflation Trap – Is It Time for the Stock Market To Face The Music? - 30th Jul 21
Fed Stocks Nothingburger, Dollar Lower, Focus on GDP, PCE - 30th Jul 21
Reverse REPO Market Brewing Financial Crisis Black Swan Danger - 29th Jul 21
Next Time You See "4 Times as Many Stock Market Bulls as There Are Bears," Remember This - 29th Jul 21
USDX: More Sideways Trading Ahead? - 29th Jul 21
WEALTH INEQUALITY WASN'T BY HAPPENSTANCE! - 29th Jul 21
Waiting On Silver - 29th Jul 21
Showdown: Paper vs. Physical Markets - 29th Jul 21
New set of Priorities needed for Unstoppable Global Warming - 29th Jul 21
The US Dollar is the Driver of the Gold & Silver Sectors - 28th Jul 21
Fed: Murderer of Markets and the Middle Class - 28th Jul 21
Gold And Silver – Which Will Have An Explosive Price Rally And Which Will Have A Sustained One? - 28th Jul 21
I Guess The Stock Market Does Not Fear Covid - So Should You? - 28th Jul 21
Eight Do’s and Don’ts For Options Traders - 28th Jul 21
Chasing Value in Unloved by Markets Small Cap Biotech Stocks for the Long-run - 27th Jul 21
Inflation Pressures Persist Despite Biden Propaganda - 27th Jul 21
Gold Investors Wavering - 27th Jul 21
Bogdance - How Binance Scams Futures Traders With Fake Bitcoin Prices to Run Limits and Margin Calls - 27th Jul 21
SPX Going for the Major Stock Market Top? - 27th Jul 21
What Is HND and How It Will Help Your Career Growth? - 27th Jul 21
5 Mobile Apps Day Traders Should Know About - 27th Jul 21
Global Stock Market Investing: Here's the Message of Consumer "Overconfidence" - 25th Jul 21
Gold’s Behavior in Various Parallel Inflation Universes - 25th Jul 21
Indian Delta Variant INFECTED! How infectious, Deadly, Do Vaccines Work? Avoid the PCR Test? - 25th Jul 21
Bitcoin Stock to Flow Model to Infinity and Beyond Price Forecasts - 25th Jul 21
Bitcoin Black Swan - GOOGLE! - 24th Jul 21
Stock Market Stalling Signs? Taking a Look Under the Hood of US Equities - 24th Jul 21
Biden’s Dangerous Inflation Denials - 24th Jul 21
How does CFD trading work - 24th Jul 21
Junior Gold Miners: New Yearly Lows! Will We See a Further Drop? - 23rd Jul 21
Best Forex Strategy for Consistent Profits - 23rd Jul 21
Popular Forex Brokers That You Might Want to Check Out - 22nd Jul 21
Bitcoin Black Swan - Will Crypto Currencies Get Banned? - 22nd Jul 21
Bitcoin Price Enters Stage #4 Excess Phase Peak Breakdown – Where To Next? - 22nd Jul 21
Powell Gave Congress Dovish Signs. Will It Help Gold Price? - 22nd Jul 21
What’s Next For Gold Is Always About The US Dollar - 22nd Jul 21
URGENT! ALL Windows 10 Users Must Do this NOW! Windows Image Backup Before it is Too Late! - 22nd Jul 21
Bitcoin Price CRASH, How to SELL BTC at $40k! Real Analysis vs Shill Coin Pumper's and Clueless Newbs - 21st Jul 21
Emotional Stock Traders React To Recent Market Rotation – Are You Ready For What’s Next? - 21st Jul 21
Killing Driveway Weeds FAST with a Pressure Washer - 8 months Later - Did it work?- Block Paving Weeds - 21st Jul 21
Post-Covid Stimulus Payouts & The US Fed Push Global Investors Deeper Into US Value Bubble - 21st Jul 21
What is Social Trading - 21st Jul 21
Would Transparency Help Crypto? - 21st Jul 21
AI Predicts US Tech Stocks Price Valuations Three Years Ahead (ASVF) - 20th Jul 21
Gold Asks: Has Inflation Already Peaked? - 20th Jul 21
FREE PASS to Analysis and Trend forecasts of 50+ Global Markets by Elliott Wave International - 20th Jul 21
Nissan to Create 1000s of jobs with electric vehicle investment in UK - 20th Jul 21

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

UK Floods, Worst Flooding Since 2007, Extreme Weather Global Weirding?

Politics / Environmental Issues Nov 25, 2012 - 05:58 AM GMT

By: Nadeem_Walayat

Politics

The UK looks set to experience its worst series of floods since at least the great floods of 2007 when areas that had never flooded in living memory experienced what would turn out to be their worst floods in over 150 years.

The latest of a series of heavy rain fall induced flooding is being experienced by the south and south west areas of England and Wales, with over 500 flood warnings in place nation wide, as one of the wettest summers on record had left the ground saturated, unable to soak up additional heavy rain fall that is resulting in the failure of drainage systems.


The current wave of flooding follows on from highly damaging flooding earlier in the year (September) that literally resulted in roads and foundations of buildings being washed away that were subsequently demolished.

The following Met Office graph illustrates the increasing volatility in the extremes of weather that the UK is facing as a drought during the first 3 months of the year gave way extraordinarily heavy rainfall from April onwards, continuing in June, and July with rainfall of as much as 225% of the annual average. The Above average rainfall has continued into this month which looks set to turn out to be another record month for rainfall.

How Does the Current Years Rainfall Compare to 2007?

The below graph illustrates that this years rainfall looks set to be far worse than that of 2007, as in 2007 the high rainfall was mainly concentrated during the 3 Summer months of May, June, and July.

Therefore there is a continuing risk of severe flooding going into the final month of the year which means that this year could turn out to be far more costly in terms of flood damage than was 2007 as any further heavy rainfall will have nowhere to run off to. With the likelihood of a continuation of the trend into early 2013.

The Great Flood of 2007

The following video illustrates the timeline from before the start, during and counting the costs in the aftermath of the worst flooding in 150 years that took place in the city of Sheffield in June 2007.

Householders Protect Your Property - Ensure Gutters and Drains are Not Blocked

Whilst there is little that people can do protect against river banks bursting, however house holders can protect against the consequences of heavy rainfall and therefore should quickly survey their properties during pauses in the rainfall to ensure that gutters and drains are not blocked, as well as protecting any areas of the property such as garage doors that could flood during heavy rainfall.

Global Weirding - Climate Change Means Expect Weather Extremes

As was the case during the first four months of the year, the UK must brace itself for freezing and volatile temperature ranges as a consequence of climate change that is resulting in what has been termed as global weirding.

What is Global Weirding?

It is melting of the sea ice at the north and south poles that effects atmospheric air current circulations such as diverting the Jet Stream which means instead of warm air flowing form the Gulf of Mexico we get cold air blowing in from the North East polar region, and hence whilst on average the planet warms as a consequence of global warming, in the UK our weather becomes far more erratic as the Jet Stream literally twists and turns and develops random kinks which means one day we can experience far warmer than average temperatures for the year and the next day we could be an for an arctic freeze.

The consequence of global warming / weirding for the people of Britain this winter is to expect very erratic temperature changes, which means be prepared for surprise deep freezes that are likely to even catch the weather forecasters off guard as a consequences of of global weirding over the coming winter months and well into the new year. This will likely result in further severe risk for flooding due to quick thawing of deep snowfall.

Insulate and Weather Proof Homes

Now is the the time for home owners to prepare properties for the coming winter months by insulating and weatherproofing, i.e. as little as £100 spent now could save many times that over the coming months both in terms of energy costs and repair bills.

Source and Comments: http://www.marketoracle.co.uk/Article37710.html

By Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2012 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 25 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of three ebook's - The Inflation Mega-Trend; The Interest Rate Mega-Trend and The Stocks Stealth Bull Market Update 2011 that can be downloaded for Free.

Stocks Stealth Bull Market Ebook DownloadThe Interest Rate Mega-Trend Ebook DownloadThe Inflation Mega-Trend Ebook Download

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 600 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in