Wars Rarely Achieve Their Initial Goals: The Curse of Second-Order Effects
Initial victories do not guarantee the war will be won. Rather, they arouse the most dangerous…
Author: Charles Hugh Smith
Why So Few See the Last Chance to Exit
When the crash can no longer be denied, the drop is widely recognized as having been…
Geopolitics and Degrowth
The Geopolitics of Degrowth holds that real power flows not from waste, centralization and coercion but…
Our Financial System Is Optimized for Sociopaths and Exploitation
Let's call this financial system what it really is: the MetaPerverse, a conjured world of self-serving…
Our Leaders Made a Pact with the Devil, and Now the Devil Wants His Due
The unprecedented credit-fueled bubbles in stocks, bonds and real estate are popping, and America's corrupt leaders…
The Winter of Our Discontent: Hubris Is Ascendent
Meanwhile, back in the wintry real world, everyone facing a dime in higher costs is jacking…