Category Archive: 5.) Charles Hugh Smith

Filter archive by: Show All Show only Articles Show only Videos

Charles Hugh Smith JAN 2019 Central Banks Have Manipulated The Markets Which Will Ultimately Crash

2019-01-20

by

Thank You

Read More »

Charles Hugh Smith JAN 18, 2019 We Already Passed The Point Of No Return Collapse is Inevitable !

2019-01-18

by

Thank You

Read More »

As Germany and France Come Apart, So Too Will the EU

2019-01-17

by

2019-01-17

German Unification 1865-1871
If we follow the logic and evidence presented in these seven points, we are forced to conclude that the fractures in France, Germany and the EU are widening by the day. When is a nation-state no longer a functional state? It's an interesting question to ask of the European nation-states trapped in the devolving European Union.

Read More »

The Decline and Fall of the European Union

2019-01-15

by

2019-01-15

Greek Debt
This exhaustion of the neocolonial-neofeudal model was inevitable, and as a result, so too is the decline and fall of the European integration/exploitation project. That a single currency, the euro, would fracture rather than unite Europe was understood long before the euro's introduction as legal tender on January 1, 2002. 

Read More »

Where Will You Be Seated at the Banquet of Consequences?

2019-01-14

by

2019-01-14

Ownership Society
To get a good seat at the banquet of consequences, the owner of capital has to shift his/her capital into scarce forms for which there is demand. The Banquet of Consequences is being laid out, and so the question is: where will you be seated? The answer depends on two dynamics I've mentioned many times: what types of capital you own and the asymmetries of our economy.

Read More »

CHARLES HUGH SMITH: What We Want To Do Is Make Society Rich | Global Economic

2019-01-12

by

☀☀☀☀ Please Click Below to SUBSCRIBE for More “Global Economic” Videos https://www.youtube.com/channel/UCV-UIza2EiL0s3Pd5GmawDw Thanks for watching!!! ******************************************* Please help me to reach 1k subscribers. Thanks you very much!!!

Read More »

The Recession Will Be Unevenly Distributed

2019-01-11

by

2019-01-11

The Rising Wedge Model of Breakdown
Those households, enterprises and organizations that have no debt, a very low cost basis and a highly flexible, adaptable structure will survive and even prosper. The coming recession will be unevenly distributed, meaning that it will devastate many while leaving others relatively untouched. A few will actually do better in the recession than they did in the so-called "recovery."

Read More »

Could Stocks Rally Even as Parts of the Economy Are Recessionary?

2019-01-07

by

2019-01-07

S&P 500 Large Cap Index 2017-2018
It's not yet clear that the stock market swoon is predictive or merely a panic attack triggered by a loss of meds. We contrarians can't help it: when the herd is bullish, we start looking for a reversal. When the herd turns bearish, we also start looking for a reversal.

Read More »

The Crisis of 2025

2019-01-03

by

2019-01-03

S-curve of Rapid Expansion, Stagnation and Decline
This is the predictable path because it's the only one that's politically expedient and doesn't cause much financial pain until it's too late to stave off collapse. While many fear a war between the nuclear powers or the breakdown of civil order, I tend to think the Crisis of 2023-26 is more likely to be financial in nature.

Read More »

A Couple of Thoughts on 2019

2019-01-02

by

2019-01-02

Americans paychecks are bigger than 40 Years ago, but their purchasing power has hardly budget 1964-2018
The story of the 21st century is debt is soaring while earned income is stagnating for the bottom 95%. Best wishes to all my readers and correspondents for a safe, healthy and productive 2019. Thank you, longstanding supporters, for renewing your financial support at the new year without any pathetic begging on my part. (The pathetic begging will commence shortly.)

Read More »

The Crisis of Capital

2018-12-31

by

2018-12-31

US Average Hourly Wages, Seasonally Adjusted, 1964 - 2018
The undeniable reality of the 21st century economy is that capital has gained while labor has stagnated. While various critics quibbled about his methodology, Thomas Piketty's core finding--that capital expanded faster than GDP and wages/salaries (i.e. earned income from labor)--is visible in these charts.

Read More »

The net result is capital is impaired in eras of uncertainty.

2018-12-27

by

2018-12-27

Political Polarization Has Exploded Since 2000
The net result is capital is impaired in eras of uncertainty. As we look ahead to 2019, what can we be certain of? Maybe your list is long, but mine has only one item: certainty is fraying. Confidence in financial policies intended to eliminate recessions is fraying, confidence in political processes that are supposed to actually solve problems rather than make them worse is fraying, confidence in the objectivity of the corporate media is fraying,...

Read More »

Why Everything That Needs to Be Fixed Remains Permanently Broken

2018-12-20

by

2018-12-20

Just in case you missed what's going on in France: the status quo in Europe is doomed. The status quo has a simple fix for every crisis and systemic problem: 1. create currency out of thin air. 2. give it to super-wealthy banks, financiers and corporations to boost their wealth and income.

Read More »

“Yellow Vests” and the Downward Mobility of the Middle Class

2018-12-17

by

2018-12-17

Capital garners the gains, and labor's share continues eroding. That's the story of the 21st century. The middle class, virtually by definition, is not prepared for downward mobility. A systemic, semi-permanent decline in the standard of living isn't part of the implicit social contract that's been internalized by the middle class virtually everywhere:living standards are only supposed to rise.

Read More »

Are We in a Recession Already?

2018-12-12

by

2018-12-12

Compensation Employees, 2000 - 2018
The value of declaring the entire nation in or out of recession is limited. Recessions are typically only visible to statisticians long after the fact, but they are often visible in real time on the ground: business volume drops, people stop buying houses and vehicles, restaurants that were jammed are suddenly sepulchral and so on. There are well-known canaries in the coal mine in terms of indicators.

Read More »

Charles Hugh Smith DEC 2018 There Is A Major Collapse on U.S, But Nobody Is Talking About It

2018-12-11

by

Thank You

Read More »

The View from the Trenches of the Alternative Media

2018-12-05

by

2018-12-05

What's scarce in a world awash in free content and nearly infinite entertainment content? After 3,701 posts (from May 2005 to the present), here are my observations of the Alternative Media from the muddy trenches. It's increasingly difficult to make a living creating content outside the corporate matrix.

Read More »

Charles Hugh Smith: Preventing The Final Fall Of Our Democratic Republic

2018-12-04

by

Full description and comments at: https://www.peakprosperity.com/podcast/114587/charles-hugh-smith-preventing-final-fall-our-democratic-republic There’s mounting evidence that the Age of American Exceptionalism is grinding to an end. Demographically, in the U.S. (as well as many other developed nations), the prospects of the younger generations are substantially less than those of the Baby Boomers. The same is true socioeconomically as well;...

Read More »

Truth Is What We Hide, Self-Serving Cover Stories Are What We Sell

2018-12-03

by

2018-12-03

The fact that lies and cover stories are now the official norm only makes us love our servitude with greater devotion. We can summarize the current era in one sentence: truth is what we hide, self-serving cover stories are what we sell. Jean-Claude Juncker's famous quote captures the essence of the era: "When it becomes serious, you have to lie."

Read More »

Bearish on Fake Fixes

2018-12-02

by

2018-12-02

Household Wealth by percentile
The conventional definition of a Bear is someone who expects stocks to decline. For those of us who are bearish on fake fixes, that definition doesn't apply: we aren't making guesses about future market gyrations (rip-your-face-off rallies, dizziness-inducing drops, boring melt-ups, etc.), we're focused on the impossibility of reforming or fixing a broken economic system.

Read More »