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…
Author: Charles Hugh Smith
Could America Have a French-Style Revolution?
Combine all these factors and the result is a potentially volatile mixture awaiting a catalyst.
Irony Alert: The American Dream Is Only Affordable Overseas
This is not to suggest living/working overseas is a panacea or easy--it isn't.
We Feel Poorer Because We Are Poorer: Here’s Proof
Measured by the purchasing power of our wages/work, we're definitively poorer, as it takes far more…
Never Mind Bogus Measures of Inflation–Purchasing Power Is What Counts, and It’s Decaying
If your earnings rose by 34% from January 2020 to October 2023, congratulations, the purchasing power…
What Happens When Millions of Renters Can No Longer Afford High Rents and Move Back Home?
What's no longer affordable is eventually jettisoned, including high-rent homes and apartments.