Is The “Everything Bubble” About To Pop? Somehow the pump inflating the bubble goes unmentioned: it’s the Money Charles Hugh Smith | OfTwoMinds blog Among the big winners of the Everything Bubble is–yes, I know […]
The Super-Wealthy Have A Problem Charles Hugh Smith | OfTwoMinds blog The less self-congratulatory camp of the super-wealthy understand the pressure cooker of inequality and unfairness is going to blow unless they relinquish some of […]
How Will We Distribute The Pain Ahead? Denial and magical thinking are the order of the day By Charles Hugh Smith via OfTwoMinds blog What is acceptable, and what is unacceptable? We’ll soon have to […]
10 Geopolitical / Financial Risks To The Global Economy By Charles Hugh Smith via OfTwoMinds blog Perhaps the most apt metaphor to describe the decade ahead is that investors, consumers and taxpayers will all be rafting […]
The $150,000 Housekeeper: Wage Inflation Kicks Into Second Gear Palm Beach housekeepers are making $150,000 a year due to massive demand from the wealthy By Charles Hugh Smith via OfTwoMinds blog If we add up […]
Deep State Good, Total Surveillance State Even Better By Charles Hugh Smith via OfTwoMinds blog So the Deep State is good, but the Total Surveillance State is even better. The Deep State and The Total Surveillance State are […]
Household Belt-Tightening: Will The Trickle Become A Flood? By Charles Hugh Smith via OfTwoMinds blog The top 0.1% will weather a recession just fine, but that will offer cold comfort to the other 130 million […]
Could Black Flag Friday Be A Harbinger Of A Tapped-Out Consumer? Could Black Friday be a complete bust this year? By Charles Hugh Smith via OfTwoMinds blog If Black Friday is a bust, it may be […]
The Polycrisis By Charles Hugh Smith | DailyReckoning.com Back in 2017 when I composed this graphic of overlapping crises, the word polycrisis was not yet in common use. Polycrisis has various definitions, for example: “the simultaneous occurrence of several catastrophic […]
We’re Eating Our Seed Corn The vast horde of cheerleaders of debt always claim “we’ll grow our way out of debt” By Charles Hugh Smith via OfTwoMinds blog What will break is not as predictable […]
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