Extremes Get More Extreme, But Everything’s Fine
Extremes keep getting more extreme, but for those at the top of the heap, it's all…
Author: Charles Hugh Smith
Over the Falls: Credit, Collateral, Risk, Asset Valuations
Together, these factors generate a self-reinforcing cycle of debt saturation, declining collateral and credit contraction.
The Housing Bubble: Owners Trapped by Low-Rate Mortgages, Buyers Thwarted by High-Rate Mortgages
Who's left to buy overvalued houses? Too few to prop up bubble valuations. If as many…
This Housing Bubble Is Different: It’s Much More Precarious
And what happens next? Bubble symmetry: valuations fall at the same rate as they rose, declining…
De-Dollarization and Trade: Be Careful What You Wish For
Be careful what you wish for, because currencies are not abstractions we ponder, they are commodities…
I’m Looking for 15 Readers Willing to Pony Up $1 for the Crazy-Valuable Content Here
Yes, I'm rattling the begging bowl. Beneath the veneer of normalcy, things are no longer working…