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…
Author: Charles Hugh Smith
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.
Black Flag Friday: Could Black Friday Be a Harbinger of a Tapped-Out Consumer?
If Black Friday is a bust, it may be a harbinger of what the mainstream has…
Thanksgiving: When Gratitude Is In Short Supply
There are times when the only triumph within reach is survival.
This Holiday Season, Give the Wonderful Gift of Nothing
There's actually something refreshingly wonderful about enjoying all the traditions without the obligation to buy or…