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Author: Charles Hugh Smith

Of Two Minds

The AirBnB Bubble Popping Will Pop the Housing Bubble

This is how bubbles collapse: the "vital few" 4% sell at whatever the market will bear,…

Charles Hugh SmithAugust 25, 2023August 28, 2023
Of Two Minds

The Problem Isn’t a Housing Shortage, It’s the Concentration of Ownership by the Wealthy

This concentration of housing ownership by the wealthy is the direct result of Federal Reserve and…

Charles Hugh SmithAugust 23, 2023August 24, 2023
Of Two Minds

No, Central Banks Won’t Save Us This Time

So hey, central bank cheerleaders, lackeys, toadies, apologists, apparatchiks and sycophants: no, the central banks aren't…

Charles Hugh SmithAugust 20, 2023August 21, 2023
Of Two Minds

I Have a Very Bad Feeling About This

Unexpected things tend to happen when the real source of problems are papered over and then…

Charles Hugh SmithAugust 18, 2023August 21, 2023
Of Two Minds

The Peculiar Unreality of Spectacle

Isn't AI just a shoddy facsimile of authentic expertise that "serves the state and the media"…

Charles Hugh SmithAugust 16, 2023August 17, 2023
Of Two Minds

2021 to 2024: From "Revenge" Splurging to Forced Frugality

After all, "they can always print more money." That's always the solution until it becomes the…

Charles Hugh SmithAugust 14, 2023August 15, 2023

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