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Author: Charles Hugh Smith

Of Two Minds

Our Fate Is Sealed, Vaccines Won’t Matter: Four Long Cycles Align

A Covid-19 vaccine, or lack thereof, will have zero effect in terms of reversing these cycles.…

Charles Hugh SmithMay 18, 2020May 18, 2020
Of Two Minds

Consumer Spending Will Not Rebound–Here’s Why

Any economy that concentrates its wealth and income in the top tier is a fragile economy.There…

Charles Hugh SmithMay 17, 2020May 17, 2020
Of Two Minds

Globalization and Financialization Are Dead, and so Is Everything That Depended on Them

Financialization was never sustainable, and neither was the destructive globalization it enabled.All the happy-story analogies to…

Charles Hugh SmithMay 14, 2020May 15, 2020
Of Two Minds

The Collapse of Main Street and Local Tax Revenues Cannot Be Reversed

The core problem is the U.S. economy has been fully financialized, and so costs are unaffordable.To…

Charles Hugh SmithMay 13, 2020May 13, 2020
Of Two Minds

What the Pandemic Revealed: a Morally Bankrupt Culture

Monopolies, quasi-monopolies and cartels are inherently exploitive and thus evil.What was "normal" for the past two…

Charles Hugh SmithMay 12, 2020May 12, 2020
Of Two Minds

The Way of the Tao Is Reversal

As Jackson Browne put it: Don't think it won't happen just because it hasn't happened yet.We…

Charles Hugh SmithMay 11, 2020May 11, 2020

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