Will 2023 Be “Just an Average Recession in an Average Year” or Will It Be Transformational?
By Charles Hugh Smith It shouldn’t surprise us if 2023 turns out to be atypical and disruptively transformational in ways few believe possible. It seems…
Charles Hugh Smith
The Blowback from Stripmining Labor for 45 Years Is Just Beginning
By Charles Hugh Smith The clueless technocrats are about to discover that unfairness and exploitation can’t be measured like revenues and profits, but that doesn’t…
The Uncertainty in China Is Kryptonite to Global Markets
By Charles Hugh Smith Few seem alive to the potentially consequential financial risks arising from uncertainties evolving in China. One thing we know rather definitively…
“Quiet Quitting” Isn’t Just About Jobs; It’s About a Crumbling Economy
By Charles Hugh Smith The unraveling of hyper-Globalization and hyper-Financialization will generate consequences few conventional analysts and pundits anticipate. TikTok videos on ‘Quiet Quitting’–doing the…
Two Easy Predictions: Wealth Tax and Windfall Tax
By Charles Hugh Smith Looks like we need another $500 billion or so. Hum baby! Predictions are hard, especially about the future, but two predictions…
Peering Into the Crystal Ball, We See … Instability Leading to Collapse
By Charles Hugh Smith We can only choose one: open, dynamic stability (evolution) or autocracy (instability and collapse). When the fundamentals of life change, every…
The End of Cheap Food
By Charles Hugh Smith Global food production rests on soil and rain. Robots don’t change that. Of all the modern-day miracles, the least appreciated is…
10 Reasons Why This Recession Is Different
By Charles Hugh Smith All of these are structural dynamics that won’t go away in a few months or years. Let’s explore what’s different now…
The EU’s Crisis Is Global
By Charles Hugh Smith The EU’s crisis isn’t limited to energy. It is a manifestation of the global breakdown of Neocolonialism, Financialization and Globalization. The…
Why Some Cities May No Longer Be Viable
By Charles Hugh Smith Any city whose lifeblood ultimately depends on hyper-globalization and hyper-financialization will no longer be viable. The human migration from the countryside…
Can We “Export Inflation?” Yes We Can, Yes We Are
By Charles Hugh Smith A strong currency exports inflation to those nations which do not issue the currency. Though it’s difficult to be confident of…
How Empires Die
Op-Ed by Charles Hugh Smith When the state / empire loses the ability to recognize and solve core problems of security and fairness, it will…
Should You Move While You Can, Or When You Must?
By Charles Hugh Smith This gives an extreme advantage to those few who move first, long before they must. The financial advantage for first movers…
How Vulnerable Is Your Personal Supply Chain?
By Charles Hugh Smith How vulnerable is your personal supply chain? For the average American, the answer is: very. Americans consider abundance and ready availability…