What Would Happen If the Fed Ceased to Exist?
Extremes get more extreme until risk breaks out; then the reversal will be as extreme as…
Author: Charles Hugh Smith
When Social Capital Becomes More Valuable Than Financial Capital
This devaluation of financial wealth--and its transformation to a dangerous liability-- will reach extremes equal to…
Can 20 Years of Deflation Be Compressed into Two Years? We’re About to Find Out
Extremes become more extreme right up until they reverse, a reversal no one believes possible here…
One Little Problem with the "All-Electric" Auto Fleet: What Do We Do with all the "Waste" Gasoline?
Regardless of what happens with vaccines and Covid-19, debt and energy--inextricably bound as debt funds consumption--…
New Audiobook, New Song, Renewed Focus
There is no way a status quo that is completely dependent on the permanent expansion of…
Dreaming of a Christmas Without Stuff Nobody Wants or Needs
Freeing ourselves of unwanted/unneeded gift-giving is not just heresy in a debt-funded consumerist economy--it is tantamount…