The Pandemic Is Accelerating the Breakdown That Began a Decade Ago
The feedback loop has reversed: by saving more, people will spend, borrow and speculate less, draining…
Author: Charles Hugh Smith
Helicopter Money: Short-Term Relief Won’t Cure our Financial Disease
The collateral supporting the global mountain of debt is crumbling as speculative bubbles deflate.A great many…
The System Will Not Return to "Normal," and That’s Good; We Can Do Better
Essential home lockdown reading.The pandemic is revealing to all what many of us have known for…
The Global Repricing of Assets Can’t Be Stopped
All bubbles pop, period.The financial elites are pushing a narrative that asset prices, sales and profits…
Covid-19 Helicopter Money: Go Big Now or Go Home
This is why it's imperative to go big now, and make plans to sustain the most…