Author: Charles Hugh Smith

America's financial system is nothing more than a toxic waste dump of speculation, fraud, collusion, corruption…

The lifestyle you ordered in the euphoria will be out of stock in the panic. Humans…

Regardless of our opinions about President Carter and his legacy, his Farewell Address is worthy of…

Why would anyone sell when further gains are guaranteed? Because the gains are unreal but the…

The middle class has already collapsed, but thanks to debt and bubbles, this reality has been…

Unfortunately for those at the top who've benefited immensely from speculative bubbles, speculative bubbles don't create…