Charles Hugh Smith

World economy

Is This How the Next Global Financial Meltdown Will Unfold?

23/11/2015(0)
In effect, a currency crisis is simply the abrupt revaluation of the currency to reflect new realities. I have long maintained that the structural imbalances of debt and risk ... Read More
Paris-France

No Serious Financial Repercussions from the Paris Attacks? Don’t Be Too Sure

16/11/2015(0)
Global sentiment might switch decisively from “risk-on” to “risk-off” with far-reaching consequences. Goldman Sachs has helpfully announced that any financial repercussions from the attacks in Paris will be short-lived, ... Read More
jobs-unemployment

Financial Independence via Self-Employment: How Do We Do It?

23/09/2015(0)
Financial independence via self-employemnt is still possible, and there are a number of pathways to that goal. The conventional financial industry touts gaining financial independence by playing Wall Street’s ... Read More
spx S&P500

Why the Market Could Soar From Here

08/09/2015(0)
Does the Fed really have a choice, given that the game is now for all the marbles? We all know the global economy is slowing, so why would stocks ... Read More
RMB Chinese currency

China, the Hollow Dragon

17/08/2015(0)
In terms of profitability and trade-generated wealth, China is a hollow dragon. It is widely assumed that manufacturing (a.k.a. the world’s workshop) is the source of China’s wealth. But ... Read More
tel-aviv-stock-exchange

The Financial Markets Now Control Everything

29/04/2015(0)
The entire economic and political structure is now dependent in one way or another on the continued expansion of financial markets. The financial markets don’t just dominate the economy–they ... Read More
Central Banks

The Inevitable Failure of Mechanistic Monetary Policy

03/04/2015(0)
Our current faith in central banks’ ability to “make the economy all better, all the time” is horrendously misplaced. We are living in the Cargo Cult Era of Central ... Read More
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