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Of Two Minds

OfTwoMinds

The New (Forced) Frugality

March 28, 2020

There are only two ways to survive a decline in income and net worth: slash expenses or default on debt.In post-World War II America, the cultural zeitgeist viewed frugality as a choice: permanent economic growth and federal anti-po…

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The New (Forced) Frugality

March 28, 2020

There are only two ways to survive a decline in income and net worth: slash expenses or default on debt.In post-World War II America, the cultural zeitgeist viewed frugality as a choice: permanent economic growth and federal anti-po…

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The Pandemic Is Accelerating the Breakdown That Began a Decade Ago

March 25, 2020

The feedback loop has reversed: by saving more, people will spend, borrow and speculate less, draining the fuel from any broadbased expansion.In eras of confidence and certainty, people save less and spend more freely. When we’re confident that go…

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The Pandemic Is Accelerating the Breakdown That Began a Decade Ago

March 25, 2020

The feedback loop has reversed: by saving more, people will spend, borrow and speculate less, draining the fuel from any broadbased expansion.In eras of confidence and certainty, people save less and spend more freely. When we’re confident that go…

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Helicopter Money: Short-Term Relief Won’t Cure our Financial Disease

March 23, 2020

The collateral supporting the global mountain of debt is crumbling as speculative bubbles deflate.A great many freebies are being tossed in the Helicopter Money basket. That households experiencing declines in income need immediate support is obvious, …

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The System Will Not Return to "Normal," and That’s Good; We Can Do Better

March 21, 2020

Essential home lockdown reading.The pandemic is revealing to all what many of us have known for a long time: the status quo was designed to fail and so its failure was not just predictable but inevitable.We’ve propped up a dysfunctional, wast…

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Contributors

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Mark E. Jeftovic

Mark is the co-founder of easyDNS and the editor-in-chief of #AxisOfEasy. He is the author of Managing Mission Critical Domains & DNS (Packt UK, 2018) and Unassailable: Protect Yourself from Deplatform Attacks & Cancel Culture. 

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Jesse Hirsh

Futurist, researcher and public speaker, Jesse Hirsh has been active in technology and commenting on it across the media for 25 years. His premium newsletter service operates from Metaviews.ca.

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Charles Hugh Smith

Charles Hugh Smith is the author of numerous books and writes from OfTwoMinds.com.