The New (Forced) Frugality
By Charles Hugh Smith There are only two ways to survive a decline in income and net worth: slash expenses or default on debt. In…
By Charles Hugh Smith There are only two ways to survive a decline in income and net worth: slash expenses or default on debt. In…
By Charles Hugh Smith The irony, of course, is that only those punters who sold on the way up will escape the devastation of the…
By Charles Hugh Smith It was all fun and games enriching the super-wealthy but now the karmic cost of the Fed’s manipulation and propaganda is…
By Charles Hugh Smith Convenience is the sales pitch, but the real goal is control in service of maximizing profits and extending state power. When…
By Charles Hugh Smith You want to reduce CO2? Then trigger a global depression that reduces global consumption of everything by 50% and destroys 95%…
By Charles Hugh Smith If we consider the long term, it’s clear America’s economy and society have been declining for the average household for 50…
By Charles Hugh Smith The entire global status quo is on the cusp of the S-Curve decline phase. There is really only one unforgivable sin…
By Charles Hugh Smith Adaptability and flexibility will be the core survival traits going forward. What will separate the many nations that will crumble in…
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…