Now Hiring: The Ministry of Failure
Those expecting some centralized, political-administrative "solution" will be disappointed, as the political-administrative "solution" is actually the…
Author: Charles Hugh Smith
The Psychology of Inflation: What Makes You Say, "No Way Am I Paying That"?
Value varies. Invest in what's valuable. It's a well-recognized human bias to feel losses more acutely…
When Shelter Becomes a Speculative Asset, Society Unravels
Does anyone really believe that the renunciation of massive, sustained stimulus of speculation in housing would…
A Time Capsule from the 1930s: What’s Different Now
If we compare health and endurance, well-being, security, general attitudes, family and community ties and values,…
Six Reasons Why Corporate Profits Will Fall 50%
Should stock valuations track this same decline in profits, it's entirely reasonable to expect the stock…
The Peculiar Power of Denial
We'd rather risk societal collapse than face the sacrifices and challenges of revolutionizing our unsustainably neofeudal…