Of Two Minds


A Nation of Junkies: The Empty Future of a Stimulus-Speculation Economy

June 1, 2023

Now that the US economy is totally dependent on trillions of dollars in stimulus and speculative gains reaped from the stimulus, there is no Real Economy left to pick up the pieces when the credit-stimulus-speculation bubbles all pop.


Higher Unemployment Won’t Stop Wages from Rising

May 30, 2023

The net result of these dynamics is official unemployment can soar but employers will still be scrambling to find qualified, willing employees. The labor market is viewed as a sea of fluid workers.


Sorry Our Demographic Karma Ran Over Your Economic Dogma

May 26, 2023

Your bogus economic dogma of “growth via the wealth effect” created the demographic karma that will bring down the status quo. What happens when you bleed your workforce while enriching those who already own assets with one bubble after another, all in the name of “fostering growth”?


Wages Going Up for Good: Catch-Up and Blowback

May 24, 2023

Blowback has its own dynamics, as we’ll learn in the decade ahead.
One of the most durable expectations in the financial sphere is that inflation will drop sharply in a recession and the Federal Reserve will lower interest rates back to near-zero.


Are You Ready For a Real Recession?

May 22, 2023

In a real recession, what seemed safe and rock-solid melts into air.
We haven’t had a real recession in forty years (1981-82) and so only those who were in the workforce back then have any experience of how far and how fast things we think are solid can unravel.


2023: Echoes of 1973

May 19, 2023

So what’s changed? Everything, but mostly beneath the surface churn of circus and theater.
2023 is echoing 1973 in potentially consequential ways.




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. 


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


Charles Hugh Smith

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