Category Archives: Recession

The REAL agenda behind the created food crisis

The created food crisis, whether real or a smoke-and-mirrors psy-op, is all about tearing down the global food system and “building back better” – a new dystopian food system built by corporate monoliths and rigidly controlled in the name of … Continue reading

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Is Housing a Bubble That’s About to Crash?

By Charles Hugh Smith Source: Of Two Minds Are we heading into another real estate bubble / crash? Those who say “no” see the housing shortage as real, while those who say “yes” see the demand as a reflection of the … Continue reading

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The Inflation Crisis Of 2022 Is Now Worse Than Anything That We Experienced During The 1970s

By Michael Snyder Source: Activist Post Most Americans don’t realize this, but we truly have entered historic territory.  As you will see below, the inflation crisis of 2022 has now escalated to a level that is beyond anything that we … Continue reading

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‘We the People’ Are the New, Permanent Underclass in America

By John W. Whitehead & Nisha Whitehead Source: The Rutherford Institute “We are now speeding down the road of wasteful spending and debt, and unless we can escape we will be smashed in inflation.”—Herbert Hoover This is financial tyranny. The … Continue reading

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How Empires Die

By Charles Hugh Smith Source: Of Two Minds From a systems perspective, nation-states and empires arise when they are superior solutions to security compared to whatever arrangement they replace: feudalism, warlords, tribal confederations, etc. States and empires fail when they are … Continue reading

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The Real Threat to Democracy is Corrupting Wealth Inequality

By Charles Hugh Smith Source: Of Two Minds Imagine a town of 1,000 adults and their dependents in which one person holds the vast majority of wealth and political influence. Would that qualify as a democracy? Now imagine that 100 of … Continue reading

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The Illusion of Getting Rich While Producing Nothing

By Charles Hugh Smith Source: Of Two Minds Of all the mass delusions running rampant in the culture, none is more spectacularly delusional than the conviction that we can all get fabulously rich from speculation while producing nothing. The key characteristic … Continue reading

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The U.S. Economy In a Nutshell: When Critical Parts Are On “Indefinite Back Order,” the Machine Grinds to a Halt

By Charles Hugh Smith Source: Of Two Minds Setting aside the “transitory inflation” parlor game for a moment, let’s look at what happens when critical parts are unavailable for whatever reason, for example, they’re on back order or indefinite back order, i.e. the … Continue reading

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