When You Put Too Many Eggs in One Basket…
Greed is good until all the vulnerabilities and fragilities of systemic risk asymmetries manifest. When you…
Author: Charles Hugh Smith
Why the Labor Shortage Isn’t Going Away
It's getting hard to fill toxic low-pay jobs, and that's not going to change. The nature…
The Real Policy Error Is Expanding Debt and Calling It "Growth"
Waste is not growth, and neither are the unlimited expansion of debt and speculative bubbles. The…
The Only Real Solution Is Default
The destruction of 'phantom wealth' via default has always been the only way to clear the…
US Dollar Strength: "Unintended Consequences" Or "The Empire Strikes Back"?
How unintended can these consequences be? My guess: not very. A great many people got the…
Calm Before the Tempest?
Is it beyond conception that the core actually strengthens for a length of time before the…