Charles Hugh Smith

The stock market is always looking past “bad news” to front-run “good news.” Once it became clear that the Titanic was indeed going to…

It gives me no joy to address problems without easy solutions, but the sooner we face what’s already visible ahead, the higher the probability…

We’re living in the golden age of Spectacle: whatever substance remains in politics is lost in the endless parade of outlandish political theater, finance…

As we all know, the problem with euphoria is the inevitable collision with reality and the resulting disillusionment. But wait–it gets worse. The new…

Price and Value–now there’s a twisted tale. We’ve been trained to compare price and buy the lower priced option as the better value, but…

We’re in a peculiar state globally. Locked in the mindset that economic growth is necessary lest the system implodes, we’ve persuaded ourselves that growth…

Can Social Security be saved for future generations? Many have already concluded it’s hopeless, and if the current trajectory is left untouched, that is…

Many people anticipate the demise of fiat currencies, for good reasons. This is the motivation for calls to return to the gold standard–currency backed…

We like fixes to pressing problems, and we like them to be simple: the simpler the better. When presented with complexity, we freeze up…