TikTok and our Last-Ditch Desperation for Social Mobility
Social media offers hope of achieving higher social status, something that is increasingly out of reach…
Author: Charles Hugh Smith
A Vaccine May Not Be the "Magical Cure" Everyone Anticipates
Few appear willing to follow the probabilities of a future in which a vaccine cannot possibly…
Memo from Insiders: Dear Bagholders, Thanks for Buying Our Shares at the Top
The self-sustaining recovery is a fantasy that's evaporated.What looks like a powerful, can't-lose rally to newbies…
The Next Leg Down: The Top 10% Are About to Take a Hit
No federal bailout or stimulus can reverse these three dynamics, and no amount of legerdemain can…
Our Slide into Social Psychosis and Breakdown
Not only is our lifestyle on back-order, so is our sanity.Yesterday I mentioned our collective inability…
The Nation Is Falling Into the Abyss Between Wall Street and Main Street
The abyss between the Fed's illusion of phantom wealth for Wall Street and the collapse of…