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Author: Charles Hugh Smith

Of Two Minds

The Top 10% Is Doing Just Fine, The Middle Class Is Dying on the Vine

Please study these charts as a means of understanding the inevitability of economic stagnation and a…

Charles Hugh SmithFebruary 5, 2021February 5, 2021
Of Two Minds

Our Fragile, Brittle Stock Market

This heavily managed 'market structure' is far from equilibrium and extremely prone to instability. The relentless…

Charles Hugh SmithFebruary 2, 2021February 3, 2021
Of Two Minds

Silver Swans, Maginot Lines and the Unforeseen Risks of Collapse

Our Nobility's assessment of risk and their war-gaming of vulnerabilities are fatally deficient. Many people have…

Charles Hugh SmithJanuary 31, 2021February 1, 2021
Of Two Minds

The Stock Market, Fatally Wounded by the Truth, Will Stumble and Crash

It didn't have to be this way, but this is the reality we must now face:…

Charles Hugh SmithJanuary 30, 2021February 1, 2021
Of Two Minds

The Democratization / Demonization of Speculation

How do you unrig a speculative rigged market? You don't. It simply crashes into a putrid…

Charles Hugh SmithJanuary 29, 2021February 1, 2021
Of Two Minds

The Coming Revolt of the Middle Class

That's how Neofeudal systems collapse: the tax donkeys and debt-serfs finally rebel and start demanding the…

Charles Hugh SmithJanuary 27, 2021February 2, 2021

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