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Author: Charles Hugh Smith

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
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

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