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Author: Charles Hugh Smith

Of Two Minds

A Nation of Junkies: The Empty Future of a Stimulus-Speculation Economy

Now that the US economy is totally dependent on trillions of dollars in stimulus and speculative…

Charles Hugh SmithJune 1, 2023June 1, 2023
Of Two Minds

Higher Unemployment Won’t Stop Wages from Rising

The net result of these dynamics is official unemployment can soar but employers will still be…

Charles Hugh SmithMay 30, 2023May 31, 2023
Of Two Minds

Sorry Our Demographic Karma Ran Over Your Economic Dogma

Your bogus economic dogma of "growth via the wealth effect" created the demographic karma that will…

Charles Hugh SmithMay 26, 2023May 29, 2023
Of Two Minds

Wages Going Up for Good: Catch-Up and Blowback

Blowback has its own dynamics, as we'll learn in the decade ahead. One of the most…

Charles Hugh SmithMay 24, 2023May 26, 2023
Of Two Minds

Are You Ready For a Real Recession?

In a real recession, what seemed safe and rock-solid melts into air. We haven't had a…

Charles Hugh SmithMay 22, 2023May 23, 2023
Of Two Minds

2023: Echoes of 1973

So what's changed? Everything, but mostly beneath the surface churn of circus and theater. 2023 is…

Charles Hugh SmithMay 19, 2023May 23, 2023

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