Charles Hugh Smith: Resisting Inflation Is Futile
2023-03-02
In this fascinating video, Charles Hugh Smith joins us to discuss the inevitability of inflation. He discusses why fighting it is a losing battle, and how it can be used as an economic tool. Discover what he has to say about the long-term effects of inflation and learn strategies for protecting your finances in an inflating world. Don’t miss out on Charles’ valuable insights – watch now!
Turmoil Ahead As We Enter The New Era Of ‘Scarcity’ | Charles Hugh Smith
2023-02-20
WORRIED ABOUT THE MARKETS? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Wealthion’s endorsed financial advisors at https://www.wealthion.com
As the old saying goes: "It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so."
It’s easy for investors to fall into the traps laid by their belief systems. Whether to the bullish or bearish side, we all have our own biases that can warp the way we perceive reality.
Which is why forcing ourselves to take a systemic view of the economy, markets & society can be so helpful. By understanding the way our systems work and projecting current developments through to their most logical outcomes, we can sidestep most of our biases as we develop our predictions and conclusions.
Today’s guest expert, author
Prepare to Be Bled Dry by a Decade of Stagflation
2023-02-08
Our reliance on the endless expansion of credit, leverage and credit-asset bubbles will have its own high cost. The Great Moderation of low inflation and soaring assets has ended. Welcome to the death by a thousand cuts of stagflation.
Self-Reliance in the 21st Century By Charles Hugh Smith, Chapter by Chapter Preview
2023-01-29
Hear it Here – https://adbl.co/3iJOonl
Just as no one was left unaffected by the rise of globalization, no one will be unaffected by its demise. The only response that reduces our vulnerability is self-reliance.
When Ralph Waldo Emerson wrote his famous essay Self-Reliance in 1841, the economy was localized and households supplied many of their own essentials. In our hyper-globalized economy, we’re dependent on distant sources for our essentials.
Emerson defined self-reliance as being our best selves—thinking for ourselves rather than following the conventional path. Self-reliance in the 21st century means reducing our dependency on fragile supply chains and becoming producers as well as consumers.
Self-reliance is often confused with self-supporting (making enough money to support
What if the "Black Swan" of 2023 Is the Fed Succeeds?
2023-01-10
If the Fed succeeding is a "Black Swan," bring it on. What if the "Black Swan" of 2023 is the Federal Reserve succeeds? Two stipulations here: 1. "Black Swan" is in quotes because the common usage has widened to include events that don’t match Nassim Taleb’s original criteria / definition of black swan; the term now includes events considered unlikely or that are off the radar screens of both the media and the alt-media.
The Monopoly – Labor "Let It Rot" Death Spiral
2022-12-08
The only rational response to this reality is to opt out, lay flat and let it rot. In my previous post, The Bubble Economy’s Credit-Asset Death Spiral, I described the self-reinforcing feedback of expanding credit and soaring asset valuations and how the only possible result of this financial perpetual motion machine was a death spiral of collapsing debt service, collateral and credit impulse.
What Everybody Knows No Longer Matters
2022-10-18
What nobody yet knows (or the few insiders who do know are keeping to themselves) is what will matter. Being a doom-and-gloom Bear stops being fun when the Bear Bar gets crowded.