Credit Exhaustion Is Global
By Charles Hugh Smith Europe is awash in credit exhaustion, and so is China. The signs are everywhere: credit exhaustion is global, and that means…
By Charles Hugh Smith Europe is awash in credit exhaustion, and so is China. The signs are everywhere: credit exhaustion is global, and that means…
By Charles Hugh Smith The elites’ clever exploitation of politically correct cover stories has enthralled the comatose, uncritical Left, but not those who see their…
By Charles Hugh Smith What’s scarce in a world awash in free content and nearly infinite entertainment content? After 3,701 posts (from May 2005 to…
By Charles Hugh Smith Just about the only bulwark against being silenced by the modern-day tech-corporate-NKVD-Stasi is Patreon. If you do a search of shadow banning,…
By Charles Hugh Smith The value of local control and local capital far exceed the pathetic “savings” reaped from shoddy commoditized goods. What do we make of an economy…
By Charles Hugh Smith When the Soviet regime exiled Sakharov in 1980, everybody assumed the USSR was permanent and impregnable to collapse. There are many…
By Charles Hugh Smith These nine dynamics are mutually reinforcing. Beneath the surface signals of an eternally rising stock market and expanding GDP, we all…
By Charles Hugh Smith China is creating Kafka’s nightmare world as the perfection of centralized control of its citizenry. China is rapidly building out a…
By Charles Hugh Smith This is how we end up with a neofeudal society that benefits the Protected Few at the expense of the powerless,…
By Charles Hugh Smith The vise will tighten until something breaks. It could be the currency, it could be the political status quo, it could…
By Charles Hugh Smith As for Iraq, the implicit gain was supposed to be access to Iraqi oil. Setting aside the 12 years of “no…
By Charles Hugh Smith So perhaps the dominant wing of the Deep State is finally willing to cut a deal with Trump. To many observers,…
By Charles Hugh Smith If targeting political extremes generates the most profit, then that’s what these corporations will pursue. As many of you know, oftwominds.com…
By Charles Hugh Smith Finding work that fits who you are is rarely easy, especially if you don’t fit into the mainstream, and usually it…