An Interesting Juncture in History
Just as the rewards of central-bank bubbles have not been evenly distributed, the pain created by…
Author: Charles Hugh Smith
The New Normal: Extremes of Neofeudalism, Incompetence, Authoritarianism and Relocalization
The pendulum swung to an extreme of globalization, financialization, centralization and monopoly, all of which created…
Forget the V, W or L Recovery: Focus on N-P-B
The only realistic Plan B is a fundamental, permanent re-ordering of the cost structure of the…
The Depression Dominoes Are Toppling
Once you allow your economy to become dependent on extremes of debt, leverage, inequality, legalized looting, monopoly,…
Is Data Our New False Religion?
In the false religion of data, heresy is asking for data that is not being collected…
The Illusion of Control: What If Nobody’s in Charge?
The last shred of power the elites hold is the belief of the masses that the…