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Author: Charles Hugh Smith

Of Two Minds

Is a "Democracy" That’s For Sale Still a Democracy? No, It’s an Oligarchy

To claim that jostling for the biggest share of federal power and largesse--in a word, greed--magically…

Charles Hugh SmithMarch 27, 2026March 30, 2026
Of Two Minds

The Illusion of the Shortcut (Self-Employment Series)

Skills that require time--working with people, building trust, forming relationships, navigating attraction and rejection--do not respond…

Charles Hugh SmithMarch 25, 2026March 25, 2026
Of Two Minds

The AI Depression

Either way AI goes--replacing human labor or failing to meet today's lofty expectations--the result is the…

Charles Hugh SmithMarch 24, 2026March 25, 2026
Of Two Minds

Risk and Privilege

As systemic risks rise, what matters is the thickness of one's buffers against bad things happening.…

Charles Hugh SmithMarch 23, 2026March 24, 2026
Of Two Minds

Welcome to the Stockyard of Unaffordability

The herd here in The Stockyard of Unaffordability isn't cheered much by the cost of a…

Charles Hugh SmithMarch 19, 2026March 20, 2026
Of Two Minds

Why Credit Creates Bubbles That Break the Economy

The asymmetric scaling of credit has inflated The Everything Bubble that will burst with devastating consequences…

Charles Hugh SmithMarch 18, 2026March 19, 2026

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  • Is a "Democracy" That’s For Sale Still a Democracy? No, It’s an Oligarchy
  • The Illusion of the Shortcut (Self-Employment Series)
  • The AI Depression
  • Risk and Privilege
  • The AI Takeover Looks Exactly Like Covid Did In February 2020
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