The End of Global Tourism?
August 9, 2021 Viewed as a complex non-linear system, the pandemic varinants can only be controlled…
Author: Charles Hugh Smith
Stripmining the Middle Class: Neoliberalism Comes Home to Roost
But once this last pool of wealth--America's middle class-- has been siphoned dry, then who's left…
While the Herd Slumbers, Risk Is Rocketing Higher
This wholesale transfer of risk from elites to the workers is finally becoming consequential as wealth…
What’s Behind the Inflation Hall of Mirrors?
The global economy may have finally run up against hard limits of "infinite substitution" and "infinite…
Why Don’t Billionaires Pay the Same High Tax Rates the Rest of Us Pay?
The truth is America has lost its way if commoners pay a rate of 40% but…
The Moment Wall Street Has Been Waiting For: Retail Is All In
The ideal bagholder is one who adds more on every downturn (buy the dip) and who…