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Author: Charles Hugh Smith

Of Two Minds

GBOAT: Is This the Greatest Bubble of All Time?

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

Charles Hugh SmithFebruary 16, 2021February 17, 2021
Of Two Minds

Presidents Day: Carter’s Prescient Farewell Address in 1981

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

Charles Hugh SmithFebruary 15, 2021February 16, 2021
Of Two Minds

Gains Are Unreal, Losses Are Real

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

Charles Hugh SmithFebruary 11, 2021February 12, 2021
Of Two Minds

What Collapsed the Middle Class?

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

Charles Hugh SmithFebruary 10, 2021February 11, 2021
Of Two Minds

Debt and the Demise of the Middle Class

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

Charles Hugh SmithFebruary 8, 2021February 9, 2021
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

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