Author: Charles Hugh Smith

Is 2021 an Echo of 1641?

Is 2021 an Echo of 1641? by Charles Hugh Smith for Of Two Minds If you don’t discern any of these dynamics in the present, what are you choosing not to see? The reason why history rhymes is that humanity...

The Tyranny Nobody Talks About

The Tyranny Nobody Talks About by Charles Hugh Smith for Of Two Minds All the tricks to hide our unaffordable cost structure have reached marginal returns. Reality is about to intrude. There is much talk of tyranny in the political...

The Most Hopeful Scenario for 2021

The Most Hopeful Scenario for 2021 by Charles Hugh Smith for Of Two Minds Choose wisely, America, or the options for a positive outcome will vanish like mist in Death Valley on a clear July afternoon. From the point of...

Our Phantom Middle Class

Our Phantom Middle Class by Charles Hugh Smith for Of Two Minds What happens when America finally admits its middle class is a phantom of feel-good fantasy? We may well find out in the next four years. Of the many...

What Would Happen If the Fed Ceased to Exist?

What Would Happen If the Fed Ceased to Exist? by Charles Hugh Smith for Of Two Minds Extremes get more extreme until risk breaks out; then the reversal will be as extreme as the bubble expansion. What would happen if...