Charles Hugh Smith on why Eastern Europe may be the Go To Place

2020-07-19

The lower reaches of the financial food chain are already dying, and every entity that depended on that layer is doomed. Though under pressure from climate change, the dinosaurs were still dominant 65 million year ago–until the meteor struck, creating a global "nuclear winter" that darkened the atmosphere for months, killing off most of the food chain that the dinosaurs depended on.

2020-08-01

The self-sustaining recovery is a fantasy that’s evaporated.What looks like a powerful, can’t-lose rally to newbies is recognized as distribution by old hands. In low-volume markets (as in the past few months), insiders holding large positions can’t dump all their shares at once or the price of the stock would plummet due to the thinness of the bid.

2020-08-07

We have three basic ways to counter the destructive consequences of stress.We have all experienced the disorientation and "brain freeze" that stress triggers. The pandemic and the responses to the pandemic have been continuous sources of stress, i.e. chronic stress, which is the pathway to burnout, the collapse of our ability to cope with the burdens pressing on us.

2020-10-05

Things change, supposedly immutable systems crumble and delusions die. That’s the lay of the land in the  The Empire of Uncertainty I described yesterday.

2020-10-30

What the political class and the Financial Nobility don’t yet grasp is that ALICE will never go back to her insecure, low-wage job, ever.

2020-11-09

So enjoy the GBOAT (greatest bubble of all time) but watch the clock. Sports fans debate who qualifies as GOAT–the greatest of all time: in hoops, Kobe, Jordan, Kareem, Magic; in boxing, Ali, and so forth. What we have today is GBOAT–the greatest bubble of all time That it’s GOAT is beyond doubt, as the charts below reveal.

2020-11-12

In such a highly polarized, politicized environment, is such a scrupulously objective study
even possible?

Now that we’ve had the happy-talk about Pfizer’s messenger-RNA (mRNA) vaccine (and
noted that Pfizer’s CEO sold the majority of his shares in the company immediately
after the happy-talk), let’s dig into messenger-RNA (mRNA) vaccines
which are fast approaching regulatory approval.
Some people have concluded vaccines are not safe, regardless of their source or mechanisms.
These people will never take any Covid vaccine.
Others will also decline a vaccine because they’ve concluded Covid is overblown.
Fair enough. But many other people conclude Covid is dangerous, partly because so little
is known about its long-term effects (Long-Covid, Long-Haulers). Covid’s low mortality

2020-11-19

The confidence that there will always be facilities and professionals to care for us is no longer realistic. I’ve covered the systemic problems of U.S. healthcare for over a decade, and as a result I’ve attracted numerous healthcare professionals as correspondents.