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Author: Charles Hugh Smith

Of Two Minds

The Sinking Titanic’s Great Pumps Finally Fail

The greater fools still partying in the first-class lounge are in denial that even the greatest, most technologically…

Charles Hugh SmithJuly 11, 2020July 11, 2020
Of Two Minds

You Are Now Leaving FantasyLand: The Losses Will Be Taken By Somebody

As the inverted pyramid collapses, the effects will be non-linear.Round about late March, we entered a…

Charles Hugh SmithJuly 9, 2020July 9, 2020
Of Two Minds

The American Economy in Four Words: Neofeudal Extortion, Decline, Collapse

Our society has a legal structure of self-rule and ownership of capital, but in reality it…

Charles Hugh SmithJuly 8, 2020July 8, 2020
Of Two Minds

What Will Be the Most Desirable Status Symbols in the Greater Depression?

Virtue-signaling texts from your $100 million yacht no longer impress, they enrage.For the past five decades,…

Charles Hugh SmithJuly 7, 2020July 7, 2020
Of Two Minds

What Makes You Think the Stock Market Will Even Exist in 2024?

Given the extremes of the stock market's frauds and even greater extremes of wealth/income inequality it…

Charles Hugh SmithJuly 5, 2020July 5, 2020
Of Two Minds

How We Got Here: the Global Economy’s 75-Year Stumble to the Precipice

Not only will there not be a recovery, but there can't be a recovery, as those…

Charles Hugh SmithJuly 3, 2020July 3, 2020

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