Category Archives: Recession

When Shelter Becomes a Speculative Asset, Society Unravels

By Charles Hugh Smith Source: Of Two Minds Does anyone really believe that the renunciation of massive, sustained stimulus of speculation in housing would leave housing valuations unchanged because valuations are solely the result of “shortages”? Let’s begin by stipulating … Continue reading

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We’re Living in a Neofeudal Bubble

By Charles Hugh Smith Source: Of Two Minds If you listen to conventional economists, everything’s rosy: thanks to the expansion of alt-energy like wind and solar, energy is getting cheaper, batteries will power the new global economy, we’re getting smarter — … Continue reading

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Meet the New Normal, Same as the Old Normal: You Are Still the Enemy Within

By Colin Todhunter Source: Off-Guardian Today, we are witnessing the nudging (manipulation) of the population to accept a ‘new normal’ based on a climate emergency narrative, restrictions on movement and travel, programmable digital money, ‘pandemic preparedness’ courtesy of the World … Continue reading

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“Bidenomics” Is A Fraud Based On Deliberately Misrepresented Stats

By Brandon Smith Source: Alt-Market.us Economic issues are some of the most politically abused issues often because the data politicians exploit is easy to present out of context. The vast majority of the public doesn’t spend their time immersed in … Continue reading

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America’s Social Contract Is Broken

By Charles Hugh Smith Source: Of Two Minds I do not claim any expertise in social contract theory, but in broad brush we can delineate two implicit contracts: one between the citizenry and the state (government) and another between citizens. We … Continue reading

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America’s empire is bankrupt

The dollar is finally being dethroned By John Michael Greer Source: UnHerd Let’s start with the basics. Roughly 5% of the human race currently live in the United States of America. That very small fraction of humanity, until quite recently, … Continue reading

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Here’s How We’ll Have Labor Shortages and High Unemployment at the Same Time

By Charles Hugh Smith Source: Of Two Minds This is how we’ll end up with severe shortages of truly skilled labor and high unemployment of those who lack the necessary skills. The labor force and the job market are referred to as if … Continue reading

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The Everything Bubble and Global Bankruptcy

By Charles Hugh Smith Source: Of Two Minds The resulting erosion of collateral will collapse the global credit bubble, a repricing/reset that will bankrupt the global economy and financial system. Scrape away the complexity and every economic crisis and crash boils down … Continue reading

Posted in Corporate Crime, culture, Dystopia, Economics, Financial Crisis, History, Housing Crisis, Neoliberalism, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology, State Crime | Tagged , , , , , , , , , , , , | Leave a comment