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Category Archives: Recession
How Breakdown Cascades Into Collapse
By Charles Hugh Smith Source: Of Two Minds Maintaining the illusion of confidence, permanence and stability serves the interests of those benefiting from the bubbles and those who prefer the safety of the herd, even as the herd thunders toward … Continue reading
Posted in Corporate Crime, culture, Economics, elites, Financial Crisis, Geopolitics, Inequality, Neoliberalism, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology, State Crime
Tagged Debt, Economic Collapse, Economics, ecoonomic inequality, Energy, Federal Reserve, financial crisis, global supply chain, hyper-globalization, leverage, money printing, Neoliberalism, Oligarchy, speculation
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Freedom Rider: How the billionaires rule
Predatory capitalism has driven down wages and created a dystopia for workers. By Margaret Kimberley Source: Intrepid Report President Calvin Coolidge said, “The business of America is business.” The expression is memorable because it always rang true. But nearly 100 … Continue reading
Posted in Activism, Authoritarianism, Corporate Crime, Corporate Welfare, Corruption, culture, Dystopia, Economics, elites, Empire, Financial Crisis, Inequality, Oligarchy, Recession, society, Sociology, State Crime
Tagged Amazon.com, culture, Dystopia, Economic Collapse, economic inequality, Economics, elites, financial crisis, General Strike, Jeff Bezos, Oligarchy, Plutocracy, Poverty, rulng class, society, unemployment
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Is Inflation “Transitory”? Here’s Your Simple Test
By Charles Hugh Smith Source: Of Two Minds Is inflation “transitory” in your household budget? Really? Where? The Federal Reserve has been bleating that inflation is “transitory”–but what about the real world that we live in, as opposed to the … Continue reading
Posted in culture, Economics, elites, Financial Crisis, Housing Crisis, Inequality, Neoliberalism, news, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology
Tagged Economic Collapse, economic inequality, Economics, Federal Reserve, financial crisis, Inflation, Oligarchy, Wealth Concentration, Wealth Gap
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The Future is Hawaii
By Peter Van Buren Source: We Meant Well I have seen the future. It looks a lot like Hawaii. What I saw there (absent the beautiful beaches, confused tourists, and incredible nature) was a glimpse of the future for much … Continue reading
Posted in culture, Dystopia, elites, Empire, Financial Crisis, Health, Housing Crisis, imperialism, Militarization, military spending, Neoliberalism, Oligarchy, police state, Racism, Recession, Social Control, Social Engineering, society, Sociology, State Crime
Tagged Covid-19, culture, Dystopia, economic inequality, econoomics, elites, Hawaii, Homelessness, Larry Ellison, Militarization, military spending, Oligarchy, Pandemic, Poverty, society, Welfare
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What “Normal” Are We Returning To? The Depression Nobody Dares Acknowledge
By Charles Hugh Smith Source: Of Two Minds Perhaps we need an honest national dialog about declining expectations, rising inequality, social depression and the failure of the status quo. Even as the chirpy happy-talk of a return to normal floods the airwaves, … Continue reading
Posted in conditioning, Corporate Crime, corporate news, culture, Dystopia, Economics, education, elites, Financial Crisis, Inequality, Labor, media, Oligarchy, Psychology, Recession, Social Control, Social Engineering, society, Sociology, State Crime, Work
Tagged American exceptionalism, Anger, Corporate Welfare, culture, despair, downward mobility, Economic Collapse, economic inequality, Economics, Education, financial crisis, Inequality, Middle Class, Oligarchy, psychology, recession, social defeat, society, Sociology, systemic injustice, unemployment, Wealth Disparity
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The Top 10%’s Bubble Is About to Burst
By Charles Hugh Smith Source: Of Two Minds When the top 10%’s bubble pops in 2021, the loss of illusions/delusions of security and wealth will be shattering to all those who believed artifice and illusory “wealth” were real. A great … Continue reading
Posted in Corporate Crime, Corruption, culture, Dystopia, Economics, elites, Financial Crisis, Inequality, Neoliberalism, Oligarchy, Recession, Revolution, Social Control, Social Engineering, society, Sociology, State Crime, Technocracy
Tagged asset deflation, Dystopia, economic bubbles, Economic Collapse, economic inequality, Economics, elites, Federal Reserve, financial crisis, Financialization, Globalization, Income Inequality, Meritocracy, Neoliberalism, Oligarchy, Technocracy
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Our Frustrations Run Far Deeper Than Covid Lockdowns
By Charles Hugh Smith Source: Of Two Minds The reality is the roulette wheel is rigged and only chumps believe it’s a fair game. It’s easy to lay America’s visible frustrations at the feet of Covid lockdowns or political polarization, … Continue reading
Posted in Corporate Crime, culture, Dystopia, Economics, elites, Empire, Financial Crisis, Inequality, Law, Oligarchy, Recession, Social Control, Social Engineering, society, State Crime, Technocracy
Tagged central banks, coronavirus, corporate cronies, Covid-19, culture, Economics, elites, Federal Reserve, financial crisis, Frederic Bastiat, Inequality, Injustice, lockdown, Oligarchy, Plutocracy, Precariats, society, systemic unfairness, Wealth Gap
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“The Great Reset” Already Happened
By Charles Hugh Smith Source: Of Two Minds Put another way: the elites have cannibalized the system so thoroughly that there’s nothing left to steal, exploit or cannibalize. The global elites’ techno-fantasy of a completely centralized future, The Great Reset, is … Continue reading
Posted in Corporate Crime, culture, Dystopia, Economics, elites, Empire, Financial Crisis, Neoliberalism, Oligarchy, Recession, Social Control, Social Engineering, society, State Crime, Technocracy, Technology
Tagged Economic Collapse, Economics, Federal Reserve, financial crisis, Financialization, Global Elites, Globalization, gold standard, Neoliberalism, Oligarchy, Plutocracy, Technocracy, The Great Reset, trade deficits
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