You Can Only Choose One: Cheap Oil or a Weak Dollar
By Charles Hugh Smith When the price of oil rises to the point of pain, just remember the handy-dandy discount mechanism: a much stronger US…
By Charles Hugh Smith When the price of oil rises to the point of pain, just remember the handy-dandy discount mechanism: a much stronger US…
By Charles Hugh Smith The demise of the U.S. dollar has been a staple of the financial media for decades. The latest buzzword making the rounds…
By Charles Hugh Smith Strip an economy of capital, productive incentives, talent and yes, ethics, and what are we left with? An economy spiraling toward…
By Charles Hugh Smith To qualify as colonial powers, Facebook and Google must effectively limit the choices and power of users, and punish or coerce…
By Charles Hugh Smith Housing markets are one itsy-bitsy recession away from a collapse in domestic and foreign demand by marginal buyers. There are two…
By Charles Hugh Smith The idea that authorities can massage their pumping to keep asset bubbles inflated at a permanently high plateau is currently being…
By Charles Hugh Smith You don’t need an army to achieve World Domination; all you need is enough cheap credit to buy up everything that…
By Charles Hugh Smith Many of those about to be vaporized did not grasp the fragility of the “prosperity” they assumed was both solid and…
By Charles Hugh Smith The signs are everywhere for those willing to look: something has changed beneath the surface of complacent faith in permanent growth….