Are Facebook and Google the New Colonial Powers?
By Charles Hugh Smith To qualify as colonial powers, Facebook and Google must effectively limit the choices and power of users, and punish or coerce…
Charles Hugh Smith
Housing Bubble Symmetry: Look Out Below
By Charles Hugh Smith Housing markets are one itsy-bitsy recession away from a collapse in domestic and foreign demand by marginal buyers. There are two…
The Trouble with Asset Bubbles: If You Stop Pumping, They Pop
By Charles Hugh Smith The idea that authorities can massage their pumping to keep asset bubbles inflated at a permanently high plateau is currently being…
The 5 Steps to World Domination
By Charles Hugh Smith You don’t need an army to achieve World Domination; all you need is enough cheap credit to buy up everything that…
Next Stop, Recession: The Financial Meteor Storm Is Headed Our Way
By Charles Hugh Smith Many of those about to be vaporized did not grasp the fragility of the “prosperity” they assumed was both solid and…
Did the Economy Just Stumble Off a Cliff?
By Charles Hugh Smith The signs are everywhere for those willing to look: something has changed beneath the surface of complacent faith in permanent growth….