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…
Author: Charles Hugh Smith
Dancing Through the Geopolitical Minefield
The elites dancing through the minefield all have plans, but how many are prepared for the…
An Interesting Juncture in History
Just as the rewards of central-bank bubbles have not been evenly distributed, the pain created by…
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,…