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Author: Charles Hugh Smith

Of Two Minds

For the Rich to Keep Getting Richer, We Have to Sacrifice Everything Else

They're hoping the endless circuses and trails of bread crumbs will forever distract us from their…

Charles Hugh SmithJune 18, 2020June 19, 2020
Of Two Minds

The Fed’s Casino Is In Flames, But Please Continue Gambling

Here's the thing about gambling: risk cannot be made to disappear, it can only be transferred…

Charles Hugh SmithJune 18, 2020June 18, 2020
Of Two Minds

The Fed’s Grand Bargain Has Finally Imploded

The Fed has backed itself not into a corner but to the edge of a precipice.Though…

Charles Hugh SmithJune 15, 2020June 15, 2020
Of Two Minds

Is the Pandemic Over and a V-Shaped Recovery Baked In?

So what do we know with any sort of certainty about the claim that "the pandemic…

Charles Hugh SmithJune 14, 2020June 14, 2020
Of Two Minds

Our Wile E. Coyote Economy: Nothing But Financial Engineering

Ours is a Wile E. Coyote economy, and now we're hanging in mid-air, realizing there is…

Charles Hugh SmithJune 12, 2020June 12, 2020
Of Two Minds

Unstoppable: The Greatest Depression and the Reverse Wealth Effect

We are entering The Greatest Depression because there is no exit.I've endeavored to explain why The…

Charles Hugh SmithJune 10, 2020June 10, 2020

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