2023: Echoes of 1973
Charles Hugh Smith
How Many Dominoes Must Topple Before One Falls on Us?
Charles Hugh Smith
What If AI Is Only a Cost and Not a Profit Bonanza?
Charles Hugh Smith
Our Two Deep States, One Public, One Private
Charles Hugh Smith
Doom Loops Are Multiplying
Charles Hugh Smith
Once Trust Has Been Lost, There’s No Going Back
Charles Hugh Smith
What If the Fed Has Lost Control?
Charles Hugh Smith
Crystal Balls, Soothsayers, and AI, Oh My!
Charles Hugh Smith
What If the Whole Shebang Unravels?
Charles Hugh Smith
America’s Social Contract Is Broken
Charles Hugh Smith
The Housing Bubble: Owners Trapped by Low-Rate Mortgages, Buyers Thwarted by High-Rate Mortgages
Charles Hugh Smith
This Housing Bubble Is Different: It’s Much More Precarious
Charles Hugh Smith
Why Interest Rates Are Not Going Back to Zero
Charles Hugh Smith
Here’s How We’ll Have Labor Shortages and High Unemployment at the Same Time
Charles Hugh Smith
The Everything Bubble and Global Bankruptcy
Charles Hugh Smith
Bull or Bear? The Ultimate Source of Market Instability
Charles Hugh Smith
Welcome to the Era of Warring Elites
Charles Hugh Smith
We’ve Forgotten That Business-Cycle Recessions Are Essential
Charles Hugh Smith
Funny Things Happen on the Way to ‘Restoring Financial Stability’
Charles Hugh Smith
Banks, Banks, Banks: The Elephant Nobody Even Sees
Charles Hugh Smith
Chart of the Month: Any Questions?
Charles Hugh Smith
If AI Can’t Overthrow its Corporate/State Masters, It’s Worthless
Charles Hugh Smith
What if There Are No Solutions?
Charles Hugh Smith
What If the Whole Point Is To End ‘The Fed Put’?
Charles Hugh Smith
Stainless Steal
Charles Hugh Smith
Weaponizing Global Depression
Charles Hugh Smith
What ChatGPT and DeepMind Tell Us About AI
Charles Hugh Smith
A World Without Finance
Charles Hugh Smith
The New Normal: Death Spirals and Speculative Frenzies
Charles Hugh Smith
Why People Move from Blue States: It’s Not Just High Taxes
Charles Hugh Smith
Seven Points on Investing in Treacherous Waters
Charles Hugh Smith
What Goes Up Also Comes Down: The Heavy Hand of Bubble Symmetry
Charles Hugh Smith
The Race to the Bottom Accelerates
Charles Hugh Smith
You Want Truly ‘Sound Money’? A Thought Experiment
Charles Hugh Smith
The 1970s: From Rotting Carcasses Floating in the River to Kayak Races
Charles Hugh Smith
Contrarian Thoughts on the Petro-Yuan and Gold-Backed Currencies
Charles Hugh Smith
Want to Know Where the Economy Is Going? Watch The Top 10%
Charles Hugh Smith
Who Would Benefit from a Severe Global Recession?
Charles Hugh Smith
How Easy Is It To Become Middle Class?
Charles Hugh Smith
Misunderstanding War, Money and Prosperity
Charles Hugh Smith
It’s a New Era
Charles Hugh Smith
An Inconvenient Revolution
Charles Hugh Smith
Will 2023 Be ‘Just an Average Recession in an Average Year’ or Will It Be Transformational?
Charles Hugh Smith
Why the Next Decade Will Not Be Like the Previous 40 Years
Charles Hugh Smith
Time To Get Out of Dodge?
Charles Hugh Smith
Monopolies and Cartels Are ‘Communism for the Rich’
Charles Hugh Smith
The Blowback from Stripmining Labor for 45 Years Is Just Beginning
Charles Hugh Smith
The Monopoly – Labor ‘Let It Rot’ Death Spiral
Charles Hugh Smith
The Bubble Economy’s Credit-Asset Death Spiral
Charles Hugh Smith
This Is of Course Insane
Charles Hugh Smith