The Democratization / Demonization of Speculation
How do you unrig a speculative rigged market? You don't. It simply crashes into a putrid…
Author: Charles Hugh Smith
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…
Everything Is Broken
I'd say more about Big Tech but since they've 'privatized totalitarianism', I fear being 'digitally disappeared'…
How the Fed Fails
The Fed has a binary choice: preserve America's global hegemony or further enrich the billionaires. You…
The Dangerously Diminishing Returns on Monetary and Fiscal Stimulus
Allow me to translate the risible claims of Jay Powell and Janet Yellen that their stimulus…
A Few Notes on Deflation/Inflation
The consensus is that asset inflation is unstoppable and forever. History begs to differ. Not unsurprisingly,…