Trend Results : Charles Hugh Smith
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FILTER RESULTS ►To College Grads: It's A Different Economy
Submitted by Charles Hugh Smith from Of Two Minds College Grads: It's a Different Economy The economy has changed in structural ways; preparing for the old economy is a sure path to disappointment. Millions of young people will be graduating...Show More Summary
The Silent Epidemic In A Broken, Deranged System: Stress
Submitted by Charles Hugh Smith from Of Two Minds The Silent Epidemic In A Broken, Deranged System: Stress Longtime readers know that I see our system not just as financially sick but as spiritually and psychologically deranging. The illnesses are related, of course--a distorted economic system (i.e. Show More Summary
The Ten Best Employers To Work For
Charle Hugh Smith is an author. He blogs at Of Two Minds. ~~~ The insecurity of self-employment can generate a far more resilient life and mindset. There are all sorts of “10 best companies to work for” lists, but I’ve assembled a slightly broader list: The Ten Best Employers To Work For. Without further ado, let’s go to number 1:...Read More
Tailwinds Pushing U.S. Dollar Higher
Charle Hugh Smith is an author. He blogs at Of Two Minds. ~~~ If we shed our fixation with the Fed and look at global supply and demand, we get a clearer understanding of the tailwinds driving the U.S. dollar higher. I know this is as welcome in many circles as a flashbang tossed on the table in a swank...Read More
The Erosion Of The U.S. Economy In Two Words: Jobs And Wages
Submitted by Charles Hugh Smith from Of Two Minds The Erosion Of The U.S. Economy In Two Words: Jobs And Wages The current de facto policy of inflating asset bubbles to spark a "wealth effect" is no substitute for policies that make it less burdensome to start new enterprises and hire employees. Show More Summary
Guest Post: The Pareto Economy
Submitted by Charles Hugh Smith from Of Two Minds The Pareto Economy The Pareto distribution suggests that costs could be cut by 80% across the entire economy. Economist Vilfredo Pareto's (1848 - 1923) data-driven discovery that 80% of the land in Italy was owned by 20% of the population led to the Pareto principle, known as the 80/20 rule. Show More Summary
Guest Post: Why The Innovation Premium Is Diminishing
Submitted by Charles Hugh Smith from Of Two Minds Why The Innovation Premium Is Diminishing The acceleration of competition as high-tech tools and skills have dispersed throughout the global economy is an under-appreciated trend. InShow More Summary
Guest Post: The Neoliberal Financial Skim
Submitted by Charles Hugh Smith from Of Two Minds The Neoliberal Financial Skim The perfection of the Neoliberal order is a parasitic financial sector protected by the Central Bank and State. If the Status Quo is ultimately a distribution system, as correspondent Simon H. Show More Summary
Guest Post: Why I Am Hopeful
Submitted by Charles Hugh Smith from Of Two Minds Why I Am Hopeful Why am I hopeful? the Status Quo is devolving, and a better way of living lies just beyond the corrupt, wasteful, ruinous consumerist debt/financial tyranny we now inhabit. Show More Summary
Essays in Fragility: Shadow Banking, Housing Inventory and Liabilities
Submitted by Charles Hugh Smith of OfTwoMinds blog, Denial doesn't change reality. It only cripples our response to reality. Psychologists and behavioral economists have found that we deceive ourselves (conceal the truth) to serve our own interests. Show More Summary
Charles Hugh Smith: Essays in Fragility: Our One-Off Economy
``So $9 trillion in "free money" merely kept the economy flatlined. If this is a self-sustaining recovery, then we should be able to eliminate the $1+ trillion we're borrowing and blowing every year above and beyond 2008's $300 billion deficit, and we should be able to restrain money supply expansion, too.'' -- great chart of money velocity in this.
Guest Post: Have Tax Revenues Topped Out?
Submitted by Charles Hugh Smith from Of Two Minds Have Tax Revenues Topped Out? Efforts to collect more taxes fail because people adjust their behavior accordingly. Amidst all the "fiscal cliff" talk of raising tax rates, few dare to...Show More Summary
Guest Post: Is This Recovery "Self-Sustaining" Or Merely A Mind Trick?
Submitted by Charles Hugh Smith from Of Two Minds Is This Recovery "Self-Sustaining" Or Merely A Mind Trick? Perhaps the "recovery" is a Mind Trick played on the weak-minded. Those with vested interests in the Status Quo tout data that...Show More Summary
Guest Post: Do We Have What It Takes To Get From Here To There? Part 2: China
Submitted by Charles Hugh Smith from Of Two Minds Do We Have What It Takes To Get From Here To There? Part 2: China Pull aside the curtain and what you find is a China crippled by corruption and debt. Does China have what it takes to...Show More Summary
Guest Post: The Case For A Constitutional Convention In 2016
Submitted by Charles Hugh Smith from Of Two Minds The Case For A Constitutional Convention In 2016 That which is unsustainable will go away, and the Status Quo is unsustainable on multiple levels. Now that the billion-dollar theatrics...Show More Summary
From Reform To Collapse: The Dysfunctional Status Quo
Submitted by Charles Hugh Smith from Of Two Minds In a Dysfunctional Status Quo, Reform Triggers Collapse You cannot "reform" away the dysfunction of the Status Quo without dismantling the vested interests and the ruling Elites that benefit from the Status Quo. Show More Summary
Guest Post: The New Facebook Buttons: Promote, Despise, Abandon
Submitted by Charles Hugh Smith from Of Two Minds The New Facebook Buttons: Promote, Despise, Abandon How many people would click "despise FB" and "abandon FB" if those were offered alongside the new "promote for a fee" button? Just in case you haven't noticed, your Facebook activity may not be reaching the FB audience you enjoyed a few months ago. Show More Summary
Anticipating the Devolution of Big Government
Authored by Charles Hugh-Smith via Peak Prosperity, With the US elections approaching next week, as well as the threat of another fiscal cliff showdown looming, we asked contributing editor Charles Hugh Smith to revisit his earlier work...Show More Summary
Charles Hugh Smith - About Raising Taxes as the "Solution" to the Fiscal Cliff....
Raising taxes is the "solution." Too bad incomes are declining. What will raising taxes do to household savings, spending and the economy? We all know cutting Federal spending is politically impossible, so that leaves raising taxes as...Show More Summary
Guest Post: The Three-And-A-Half Class Society
Submitted by Charles Hugh Smith from Of Two Minds The Three-And-A-Half Class Society The top 20% are supporting the entire Status Quo. This is an unstable arrangement. The U.S. has a three-and-a-half class society. According to demographer...Show More Summary
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