Category Archive: 5.) Charles Hugh Smith
What Will The Post-Coronavirus World Look Like? (Martenson, Rubino, Smith & Taggart)
If covid-19 is indeed hastening the permanent disruption of the status quo, what will life in a post-coronavirus world look like? This prognosticating session builds on last week’s Economic Shockwaves roundtable: https://www.peakprosperity.com/economic-shockwaves/ This time, John Rubino, Charles Hugh Smith and Adam Taggart — also joined by Chris Martenson this time — discuss the myriad ways …
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If Lockdown Is a Needless Over-Reaction, Then Why Did China Lockdown Half its Economy?
Recall that the initial deaths and related costs are only the first-order effects; policy makers have to consider the second-order effects. Everyone who reckons that the lockdown is needless and more destructive than the pandemic that triggered it has to answer this question: then why did China lockdown half its economy?
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When Bulls Are Over-Anxious to Catch the Rocketship Higher, This Isn’t the Bottom
Everyone with any position in today's market will be able to say they lived through a real Bear Market. In the echo chamber of a Bull Market, there's always a reason to get bullish: the consumer is spending, housing is strong, the Fed has our back, multiples are expanding, earnings are higher, stock buybacks will push valuations up, and so on, in an essentially endless parade of self-referential reasons to buy, buy, buy and ride the rocketship...
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The Wonderful Insanity of Globalization
So here's an April Fools congrats to globalization's many fools. The tradition here at Of Two Minds is to make use of April Fool's Day for a bit of parody or satire, but I'm breaking with tradition and presenting something that is all too real but borders on parody: the wonderful insanity of globalization.
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Gadfly Public Interview: Charles Hugh Smith – Of Two Minds Blog
Start your FREE 30-day subscription today https://thegadfly.vhx.tv/ Visit and support Charles with his work: https://www.oftwominds.com/blog.html
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Charles Hugh Smith on the Social, Financial and Economic Implications of the Coronavirus!
Charles Hugh Smith on the Social, Financial and Economic Implications of the Coronavirus! http://financialrepressionauthority.com/2020/04/01/the-roundtable-insight-charles-hugh-smith-on-the-social-financial-and-economic-implications-of-the-coronavirus/
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The End of Globalization & Financialization Leads To A New Monetary System – Charles Hugh Smith
Thanks for watching this RTD Q&A ft. Charles Hugh Smith. Share your thoughts in the comment section below. Subscribe & click the ? icon to be notified of the next livestream. Consider becoming a supporter of the RTD Channel. All gifts add up to make a difference. Thanks RTD Patreon (Monthly Support): https://www.patreon.com/rtd RTD Donation …
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The New (Forced) Frugality
There are only two ways to survive a decline in income and net worth: slash expenses or default on debt. In post-World War II America, the cultural zeitgeist viewed frugality as a choice: permanent economic growth and federal anti-poverty programs steadily reduced the number of people in deep economic hardship (i.e. forced frugality) and raised the living standards of those in hardship to the point that the majority of households could choose to be...
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The Pandemic Is Accelerating the Breakdown That Began a Decade Ago
The feedback loop has reversed: by saving more, people will spend, borrow and speculate less, draining the fuel from any broadbased expansion. In eras of confidence and certainty, people save less and spend more freely.
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Helicopter Money: Short-Term Relief Won’t Cure our Financial Disease
The collateral supporting the global mountain of debt is crumbling as speculative bubbles deflate. A great many freebies are being tossed in the Helicopter Money basket. That households experiencing declines in income need immediate support is obvious, as is the need to throw credit lifelines to small businesses.
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The System Will Not Return to “Normal,” and That’s Good; We Can Do Better
Essential home lockdown reading. The pandemic is revealing to all what many of us have known for a long time: the status quo was designed to fail and so its failure was not just predictable but inevitable. We've propped up a dysfunctional, wasteful and unsustainable system by pouring trillions of dollars in borrowed money down a multitude of ratholes to avoid a reckoning and a re-set.
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Charles Hugh Smith warns of Global Collapse⚠️ Market is Broken with Banking System
For the full transcript go to: https://www.financialanalysis.tv #Financial News #Silver News #Gold #Bix Weir #RoadToRoota #Kyle Bass #Realist News #Greg Mannarino #Rob Kirby #Reluctant Preppers #The Next Newss #Maneco64 #Mike Maloney #Gold Silver #Eric Sprott #Jim Rickards #David Morgan #Peter Schiff #Max Keiser #Robert Kiyosaki #SilverDoctors #Jim Willie #Clif High #Ron Paul# Pastor Williams #Bill …
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The Global Repricing of Assets Can’t Be Stopped
All bubbles pop, period. The financial elites are pushing a narrative that asset prices, sales and profits will all return to January 2020 levels as soon as the Covid-19 pandemic fades. Get real, baby. Nothing is going back to January 2020 levels. Rather than the "V-shaped recovery" expected by Goldman Sachs et al., the crash in asset prices will eventually gather momentum.
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Charles Hugh Smith – Why Are Things Falling Apart?
Charles Hugh Smith, author/proprietor of OfTwoMinds.com explains the self-inflicted pathology that threatens the West’s financial comfort and the liberties we have enjoyed for generations.
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Covid-19 Helicopter Money: Go Big Now or Go Home
This is why it's imperative to go big now, and make plans to sustain the most vulnerable households and small employers not for two weeks but for six months--or however long proves necessary. That governments around the world will be forced to distribute "helicopter money" to keep their people fed and housed and their economies from imploding is already a given.
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The Covid-19 Dominoes Fall: The World Is Insolvent
Subtract their immense debts and they have negative net worth, and therefore the market value of their stock is zero. To understand why the financial dominoes toppled by the Covid-19 pandemic lead to global insolvency, let's start with a household example. The point of this exercise is to distinguish between the market value of assets and net worth, which is what's left after debts are subtracted from the market value of assets.
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Goodbye to All That: The Demise of Globalization and Imperial Pretensions
The decline phase of the S-Curve is just beginning. Globalization and Imperial Pretensions have been decaying for years; now the tide has turned definitively against them. The Covid-19 pandemic didn't cause the demise of globalization and Imperial Pretensions; it merely pushed the rickety structures over the edge.
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And Then Came the Lawsuits: Pandemic in a Litigious Society
This is the upside of hyper-litigiousness: prevention is prioritized as the most effective means of limiting future liability. Never mind prevention or vaccines; the big question is "who can we sue after this blows over to rake in millions of dollars?" Yes, this is pathetic, tragic, perverse and evil, but that's reality in a hyper-litigious society like the U.S.
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CHARLES HUGH SMITH Italian Top 3 in the Pandemic Deaths Surge 57% THIS GOES DEEP !
CHARLES HUGH SMITH- Italian- Top 3 in the Pandemic. Deaths Surge 57%. THIS GOES DEEP ! CHARLES HUGH SMITH- Italian- Top 3 in the Pandemic. Deaths Surge 57%. THIS GOES DEEP ! CHARLES HUGH SMITH- Italian- Top 3 in the Pandemic. Deaths Surge 57%. THIS GOES DEEP ! https://youtu.be/TPSmBmHLP5E
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