Charles Hugh Smith

Japan-City

Lessons from Japan: Decades of Decay, Unavoidable Collapse

27/04/2016(0)
Japan has proven that decay can be stretched into decades, but it has yet to prove that gravity can be revoked by central bank monetary games. Japan’s fiscal and ... Read More
panama papers

The Panama Papers: This Is the Consequence of Centralized Money and Power

11/04/2016(0)
Technologies such as the blockchain are enabling alternative ways of creating and distributing money outside central banks and states. If we don’t change the way money is created and ... Read More
tech startup

How Many Tech Startups Are Empty Shells?

30/03/2016(0)
How many startups are empty shells filled with glitzy PR designed to appeal to VC newbies? It’s widely accepted that most tech startups will fail. Perhaps the core business ... Read More
Titanic4

Why Our Financial System Is Like the Titanic

15/03/2016(0)
The “unsinkable” global financial system is rushing headlong toward its encounter with the iceberg. Why did the Titanic sink, despite being considered unsinkable? The conventional answer is the design ... Read More
yuan_market

Why the Chinese Yuan Will Lose 30% of its Value

19/02/2016(0)
The stark truth is nobody wants yuan any more. The U.S. dollar (USD) has gained over 35% against major currencies since 2011. China’s government has pegged its currency, the ... Read More
The Lehman Brothers headquarters in New York

Why We Won’t Have a “Lehman Moment” in the 2016 Crash

05/02/2016(0)
What the central banks cannot do is create productive places to invest the credit they’ve generated in such excess, or force qualified borrowers to swallow more unproductive debt. One ... Read More
NYSE Margin Loans

The Illusion of Safety: Index Funds Are Not Low-Risk

29/01/2016(0)
If the risk-on euphoria of punters borrowing billions of dollars in margin debt doesn’t materialize, stocks could languish for years after falling 50%. The financial service industry’s Prime Directive ... Read More
china-real-estate

Could China’s Housing Bubble Bring Down the Global Economy?

21/01/2016(0)
Who’s going to buy the tens of millions of empty flats held as investments? I’ve been writing a lot about China recently because it’s becoming increasingly clear that China’s ... Read More
china_business_market

The China Syndrome: The Coming Global Financial Meltdown

12/01/2016(0)
All the phantom wealth piled up in China’s boost phase is now melting down, and the China Syndrome will trigger a meltdown in global phantom assets. The 1979 film ... Read More
jobs-unemployment

The Most Profitable Work Will Be Automated: The Rest Will Be Left to Us

23/12/2015(0)
A new system is self-organizing before our eyes. We just have to stop obstructing its rise and start facilitating its expansion in self-evident ways. What’s abundant and what’s scarce? ... Read More
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