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…
Author: Charles Hugh Smith
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…
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,…
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…
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…
Dancing Through the Geopolitical Minefield
The elites dancing through the minefield all have plans, but how many are prepared for the…