Author: Charles Hugh Smith

How Many Households Qualify as Middle Class?

How Many Households Qualify as Middle Class? by Charles Hugh Smith – Of Two Minds By the standards of previous generations, the middle class has been stripmined of income, assets and purchasing power. What does it take to be middle...

The Labor Shortage Is Real

The Labor Shortage Is Real by Charles Hugh Smith – Of Two Minds Few conventional-media commentators are willing or able to discuss these factors in the labor shortage / declining participation trends. Is there a labor shortage in the U.S.?...

Digging into Wealth and Income Inequality

Digging into Wealth and Income Inequality by Charles Hugh Smith – Of Two Minds That changes our perspective on the wonderfulness of ever-expanding household wealth. The assets of U.S. households recently topped $100 trillion, yet another sign that everything is...

We’re All Speculators Now

We’re All Speculators Now by Charles Hugh Smith – Of Two Minds When the herd thunders off the cliff, most participants are trapped in the stampede.. One of the most perverse consequences of the central banks “saving the world” (i.e....