What the Fed Accomplished: Distorted the Economy, Enriched the Rich and Crushed the Middle Class
The mainstream holds the Fed is busy planning a return to the glory days of zero…
Author: Charles Hugh Smith
2023: The Fed Declares Victory; 2024: The Year of Hubris and Nemesis
Are the crowds ready for the curtain of Fed omnipotence to be pulled aside? What will…
Rome Was Eternal, Until It Wasn’t: Imperial Analogs of Decay
The tricky part is distinguishing the critical dependencies--those resources the empire literally cannot do without--from longer-term…
What If There Are No Analogs for 2024?
Maybe we'll get 1893, 1929, 1968 and 2008 analogs mixed into a heady cocktail of surprises.
Everyone Loves a Generous Government Until They Have to Pay For It
Not only does everyone love getting "free money" from the state, they also love hearing the…
The Fed’s Empire of Speculation and the Echoes of 1929
Speculation has its own expiration dynamics, and they don't depend on us recognizing speculative excess for…