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 , , , , , , , , , , , , , | 1 Comment

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

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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 , , , , , , , , | 1 Comment

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 , , , , , , , , , , , , , , , | 2 Comments

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 , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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 , , , , , , , , , , , , , , , | 1 Comment

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

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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 , , , , , , , , , , , , , | 1 Comment