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Author: Charles Hugh Smith

Of Two Minds

Anatomy of AI Cold Turkey

The problem with AI and the rest of Ultra-Processed Life is we slowly lose the ability…

Charles Hugh SmithOctober 26, 2025October 27, 2025
Of Two Minds

ZIRP or ZAP? Will the Fed’s ‘Zero-Interest Rate Policy’ Return, and Will It Work?

Only the wealthy will benefit from ZIRP, and the benefits of "the wealth effect" and "trickle…

Charles Hugh SmithOctober 23, 2025October 28, 2025
Of Two Minds

Could a Rip-Your-Face-Off Rally in the Dollar Trigger a Global Financial Crisis?

Is this scenario guaranteed? No, of course not. But that doesn't mean it's excluded from the…

Charles Hugh SmithOctober 21, 2025October 23, 2025
Of Two Minds

The Crisis and Revolution Hidden in Plain Sight

While we focus on AI and finance, society is crumbling beneath our feet.

Charles Hugh SmithOctober 19, 2025October 20, 2025
Of Two Minds

If We Measured the Economy by Quality-of-Life Instead of GDP, We’d Be In a Depression

GDP is like collecting data on passenger satisfaction with the dessert cart on the Titanic and…

Charles Hugh SmithOctober 16, 2025October 20, 2025
Of Two Minds

The Year When Everything Happens in No Particular Order

The pool of speculative fervor will be drained, as impossible as that seems in this moment…

Charles Hugh SmithOctober 14, 2025October 15, 2025

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