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Author: Charles Hugh Smith

Of Two Minds

Three Choices, None Good

The moral rot of unlimited debt looks "free" but it's unaffordable in the end.

Charles Hugh SmithJuly 9, 2025July 10, 2025
Of Two Minds

Illiquid, Overvalued

As "dip buyers" get eviscerated, more dominos fall, and at a tipping point, the herd realizes…

Charles Hugh SmithJuly 7, 2025July 8, 2025
Of Two Minds

To Make America Great Again, Start Here

Our status quo is so thoroughly corrupt that it's no longer even seen as corruption, it's…

Charles Hugh SmithJuly 4, 2025July 7, 2025
Of Two Minds

America’s "Healthcare" System Is Now a Structured Financial Skim/Scam

"Healthcare" grift, graft, fraud and financialized skims / scams will bankrupt the nation.

Charles Hugh SmithJuly 2, 2025July 3, 2025
Of Two Minds

The No-Win Bubble "Wealth Effect": Either Way We Lose

Spoiler alert: this ends badly.

Charles Hugh SmithJune 30, 2025July 2, 2025
Of Two Minds

The Economy–and its Future–in Four Charts

Substituting debt for earnings while enriching the rich will bear bitter fruit.

Charles Hugh SmithJune 27, 2025June 30, 2025

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