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Author: Charles Hugh Smith

Of Two Minds

Do We Really Think a Band-Aid Will Heal a Tumor?

Borrowing a quarter of the nation's entire economic output every year to prop up an ineffective,…

Charles Hugh SmithMarch 25, 2021March 29, 2021
Of Two Minds

Welcome to the Winter of Our Discontent

If you think this scale of stimulus is sustainable and consequence-free, you must be mainlining. Wall…

Charles Hugh SmithMarch 23, 2021March 29, 2021
Of Two Minds

We Don’t Need The Great Reset, We Need The Great Rebalancing

Perhaps we have collectively "lost our mind." Perhaps what we need is not a new technology…

Charles Hugh SmithMarch 21, 2021March 22, 2021
Of Two Minds

How We Stumbled to the Edge of the Cliff

Oops. Looks like the Fed's magic (and our luck) have finally run out. Now that we're…

Charles Hugh SmithMarch 19, 2021March 22, 2021
Of Two Minds

Our Dead Money Economy

The U.S. stock and bond markets and its entire financial system now teeter on the edge…

Charles Hugh SmithMarch 17, 2021March 18, 2021
Of Two Minds

Stimulus Addiction Disorder: The Debt-Disposable Earnings Pyramid

One glance at this chart explains why the status quo is locked on "run to fail"…

Charles Hugh SmithMarch 15, 2021March 17, 2021

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