Category Archives: Recession

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

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Bull or Bear? The Ultimate Source of Market Instability

By Charles Hugh Smith Source: Of Two Minds Market commentators tend to focus on Bulls and Bears and Federal Reserve policies as drivers of stock market gyrations, but there’s a far more profound dynamic working beneath these veneers: the forces of adaptation and evolution transforming … Continue reading

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Silicon Valley Bank Crisis: The Liquidity Crunch We Predicted Has Now Begun

By Brandon Smith Source: Alt-Market.us There has been an avalanche of information and numerous theories circulating the past few days about the fate of a bank in California know as SVB (Silicon Valley Bank). SVB was the 16th largest bank in … Continue reading

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Prepare to Be Bled Dry by a Decade of Stagflation

By Charles Hugh Smith Source: Of Two Minds The Great Moderation of low inflation and soaring assets has ended. Welcome to the death by a thousand cuts of stagflation. It was all so easy in the good old days of the past 25 years: … Continue reading

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The Cost Of Living Has Become Extremely Oppressive And 57 Percent Of Americans Cannot Afford A $1,000 Emergency Expense

By Michael Snyder Source: Activist Post I don’t have to tell you that your money doesn’t go as far as it once did.  You see it every time that you go shopping.  Our leaders flooded the system with money and … Continue reading

Posted in Corporate Crime, culture, Dystopia, Economics, Financial Crisis, Inequality, Neoliberalism, Oligarchy, Recession, Social Control, Social Engineering, society, Sociology, State Crime, Technocracy | Tagged , , , , , , , , , , | 2 Comments