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Author: Charles Hugh Smith

Of Two Minds

Greed, Centralization, Monopoly, Ruin

Greed is good up to the point that it delivers ruin.

Charles Hugh SmithDecember 5, 2025December 16, 2025
Of Two Minds

Model Collapse: The Entire Bubble Economy Is a Hallucination

The conclusion that soaring asset prices mean the economy is strong is a hallucination that goes…

Charles Hugh SmithDecember 3, 2025December 16, 2025
Of Two Minds

Why Healthcare Is in a Death Spiral: Follow the Money

If each of these is not a part of any 'reform,' than all that is being…

Charles Hugh SmithDecember 1, 2025December 2, 2025
Of Two Minds

24 Things I’m Grateful For

Things large and small worthy of recognition and gratitude.

Charles Hugh SmithNovember 28, 2025December 1, 2025
Of Two Minds

A Stoic’s Thanksgiving Gratitude

There are times when the only triumph within reach is survival.

Charles Hugh SmithNovember 26, 2025November 27, 2025
Of Two Minds

The Middle Class Is Cracking

Borrowing more to maintain spending is hanging on by one's fingernails, not middle-class security.

Charles Hugh SmithNovember 24, 2025November 27, 2025

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