We Blew It: Malinvestment and the Plundering of Productive Assets
Plunder is fun until everything has been plundered. Nothing is infinite except greed and credulity. Unfortunately,…
Author: Charles Hugh Smith
Devil’s Advocates are Investors’ Best Friends
If those on the opposite side of the trade are viewed as threats rather than friends,…
Chart a Course To Self-Reliance
Self-reliance in the 21st century is uniquely challenging because we've become overly dependent on globalization and…
Loonshots and Collapse
The momentum of franchise success and centralization of power are fatal. Loonshots are like moonshots, only…
2022-2030: Transformation or Stagnation?
Some decades are easy and expansive, others are painful but necessary to lay the foundations for…
Two Easy Predictions: Wealth Tax and Windfall Tax
Looks like we need another $500 billion or so. Hum baby! Predictions are hard, especially about…