The Economy Is Mortally Wounded
A fully financialized, totally debt and speculation-dependent economy is terminal once leverage and debt stop expanding…
Author: Charles Hugh Smith
If the "Market" Never Goes Down, The System Is Doomed
The reliance on "good news" narratives dooms our financial system and economy to a death spiral…
The Bogus "Recovery," Stress and Burnout
We have three basic ways to counter the destructive consequences of stress.We have all experienced the…
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…
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…