The Core of the Economy–The Middle Class–Is Crumbling
The net result of hyper-globalization and hyper-financialization is the crumbling of the middle class. Neofeudal societies…
Author: Charles Hugh Smith
A World Without Finance
We will enter a world without finance, and it will be a better world, for the…
The New Normal: Death Spirals and Speculative Frenzies
There is an element of inevitability in play, but it isn't about central bank bailouts, it's…
Why People Move from Blue States: It’s Not Just High Taxes
Simply put, people are moving not just to escape unaffordable housing and high taxes. They're moving…
Prepare to Be Bled Dry by a Decade of Stagflation
Our reliance on the endless expansion of credit, leverage and credit-asset bubbles will have its own…
Seven Points on Investing in Treacherous Waters
What's truly valuable has no price and cannot be bought. If all investments are being cast…