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Author: Charles Hugh Smith

Of Two Minds

What Do You Value Most? Thanksgiving 2022

When these are no longer valued as essentials for the common good, society is lost. I'm…

Charles Hugh SmithNovember 23, 2022November 24, 2022
Of Two Minds

Demographic Cliff + Let It Rot = Collapse of Global Growth

As workforces shrink and opting out becomes increasingly attractive, Global Growth implodes on both the production…

Charles Hugh SmithNovember 22, 2022November 23, 2022
Of Two Minds

There’s No Bottom Until Frenzied Speculation Turns to Dust

Only when speculative sizzle attracts no buyers / marks will the bottom be in. There hasn't…

Charles Hugh SmithNovember 20, 2022November 21, 2022
Of Two Minds

FTX: The Dominoes of Financial Fraud Have Yet to Fall

Once assets are revealed as worth far less than claimed, insolvency is the inevitable result. If…

Charles Hugh SmithNovember 16, 2022November 16, 2022
Of Two Minds

Where Crypto Went Wrong

You want to fix the world with finance? Then fix this: wages' share of a financialized,…

Charles Hugh SmithNovember 14, 2022November 15, 2022
Of Two Minds

Asymmetries, Distortions and Denial

When bubbles pop, it's natural selection at its most unforgiving: "adapt or die," and those who…

Charles Hugh SmithNovember 13, 2022November 14, 2022

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