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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
By Charles Hugh Smith Who knew it would be so easy? All we have to do is collect urine and we’ll be flying our electric…
By Charles Hugh Smith Perhaps the aliens’ keen interest in Earth’s central bank magic and its potential for destruction results from a wager. You’ve probably…
By Charles Hugh-Smith One glance at this chart explains why the status quo is locked on “run to fail” and will implode in a spectacular…
By Charles Hugh Smith The over-indebted, overcapacity global economy can only generate speculative asset bubbles that will implode, destroying the latest round of phantom collateral….