The Pandemic Is Deepening America’s Many Divides
And so we've reached the precarious state of disunion in which the only thing the warring…
Author: Charles Hugh Smith
With Superfluous Demand in Free-Fall, What’s the Upside of Re-Opening a Small Business?
Since superfluous demand was the core driver of most consumer spending, and that demand is in free-fall, what's…
The Crash Has Only Just Begun
Everything, including a rational, connected-to-reality, effective financial system, is on back-order and unlikely to ship any…
No, This Is Not Another 1929, 1973, 1987, 2000, or 2008
Basing one's decisions on analogs from the past is entering a fool's paradise of folly.Like addicts…
Here’s Why the Economy Won’t Recover–and No, It’s Not Covid-19 or the Lockdown
When reality and truth become the sworn enemies of society's political and economic elites, the society…
What’s Collapsing Can’t Be Saved: Our Fraudulent Economy
Pulling the sleeve down to hide the tracks doesn't mean the addict is cured.Just for a…