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Author: Charles Hugh Smith

Of Two Minds

All Bubbles Pop

The problem with bubbles of received wisdom and herd-euphoria is conditions change but the risk of…

Charles Hugh SmithJuly 28, 2023August 2, 2023
Of Two Minds

I Keep Changing Channels But It’s Still the Same Program

We can pretend an insanely over-leveraged, fragile status quo is rock-solid and will deliver the goodies…

Charles Hugh SmithJuly 26, 2023August 2, 2023
Of Two Minds

Everyone’s Talking about Currencies: 21 Points

The ideal 'sound money system' is one in which many currencies, both state-issued and privately issued,…

Charles Hugh SmithJuly 23, 2023July 24, 2023
Of Two Minds

It’s Mourning in America

Now that America has been transformed from a high-trust social order into a low-trust social order,…

Charles Hugh SmithJuly 21, 2023July 24, 2023
Of Two Minds

Lessons from The Great Depression

The risks of gambling in speculative frenzies and depending on serial asset bubbles continuing forever are…

Charles Hugh SmithJuly 19, 2023July 20, 2023
Of Two Minds

The Two Causes of the Coming Great Depression

But the status quo has much to unlearn, and it seems the only pathway to a…

Charles Hugh SmithJuly 17, 2023July 17, 2023

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