Author: Charles Hugh Smith

The fragmentation, simplification and localization of the post-Imperial era offers us lessons we ignore at our…

The problem with bubbles of received wisdom and herd-euphoria is conditions change but the risk of…

We can pretend an insanely over-leveraged, fragile status quo is rock-solid and will deliver the goodies…

The ideal 'sound money system' is one in which many currencies, both state-issued and privately issued,…

Now that America has been transformed from a high-trust social order into a low-trust social order,…

The risks of gambling in speculative frenzies and depending on serial asset bubbles continuing forever are…