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Charles Hugh Smith

America Is a Moral Cesspool, and Student Loans Prove It

Posted by on Sunday, July 25th, 2021 in Of Two Minds

If America somehow managed to educate millions of college students without burdening them with $2 trillion in debt in 1993, why is...

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America Has Lost the Trade War with China, and the Real Pain Has Yet to Begin

Posted by on Friday, July 23rd, 2021 in Of Two Minds

Corporate America sacrificed national interests in service of greed, and so did the U.S. government. As we all know, the source o...

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Have We Reached "Peak Self-Glorifying Billionaire"?

Posted by on Thursday, July 22nd, 2021 in Of Two Minds

Perhaps we should update Marie Antoinette's famous quip of cluelessness to: "Let them eat space tourism." As billionaires squander...

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Big Tech: "Our Terms Have Changed"

Posted by on Tuesday, July 20th, 2021 in Of Two Minds

So go ahead and say whatever you want around all your networked devices, but don't be surprised if bad things start happening. I r...

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How Breakdown Cascades Into Collapse

Posted by on Sunday, July 18th, 2021 in Of Two Minds

Maintaining the illusion of confidence, permanence and stability serves the interests of those benefiting from the bubbles and tho...

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Welcome to the 21st Century Sequel of the Catastrophic 1600s

Posted by on Friday, July 16th, 2021 in Of Two Minds

As the chart below on 'how systems collapse' illustrates, the loss of stabilizing buffers goes unnoticed until the entire structur...

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