Hugh Smith: America Is Now A 3rd World Nation

Authored by Charles Hugh Smith via OfTwoMinds blog, This is a chart of an informal kleptocracy which cloaks itself in the faux finery of democracy and a (rigged) "market" economy. Back in th.....»»

Authored by Charles Hugh Smith via OfTwoMinds blog, America's aristocracy is not formalized, and that's the secr.....»»

Authored by Charles Hugh Smith via The Daily Reckoning, How would you describe the social mood of the nation and world? Would anti-Establishment, anti-status quo, and anti-globalization be a good start? How.....»»

What's Yours Is Now Mine: America's Era Of Accelerating Expropriation Authored by Charles Hugh Smith via OfTwoMinds blog,.....»»

The Only Way To Get Ahead Now Is Crazy-Risky Speculation Authored by Charles Hugh Smith via OfTwoMinds blog, It's all so pathetic, isn't it? The only way left to get ahead in America is to leverage up the riskiest gambles. It's pa.....»»

America's Fatal Synergies Authored by Charles Hugh Smith via OfTwoMinds blog, America's financial system and state are themselves the problems, yet neither system is capa.....»»

Is A Cultural Revolution Brewing In America? Authored by Charles Hugh Smith via OfTwoMinds blog, The lesson of China's Cultural Revolution in my view is that once the lid bl.....»»

How The Fed Fails Authored by Charles Hugh Smith via OfTwoMinds blog, The Fed has a binary choice: preserve America's global hegemony or further enrich the billionaires. You can't have both. The Fed will fail as a result of two dynam.....»»

This Is Tyranny Authored by Charles Hugh Smith via The Daily Reckoning blog, Well, wasn’t that a great fireworks display on Wednesday? It’s going to be pretty hard to lecture the world about democracy and peaceful elections after th.....»»

The Pandemic Is Deepening America's Many Divides Authored by Charles Hugh Smith via OfTwoMinds blog, And so we've reached the precarious state of disunion.....»»

The World Has Changed More Than We Know Authored by Charles Hugh Smith via OfTwoMinds blog, Put another way: eras end. While the mainstream media understandably focuses on the here and now of the pandemic, some commentators are looking a.....»»

The Covid-19 Dominoes Fall: The World Is Insolvent Authored by Charles Hugh Smith via OfTwoMinds blog, Subtract their immense debts and they have.....»»

The World Is Awash In Oil, False Assurances, Magical Thinking, & Complacency... Authored by Charles Hugh Smith via OfTwoMinds blog, This collapse of price will manifest in all sorts of markets that are based on debt-.....»»

The Hollowing Out Of America Authored by Charles Hugh Smith via OfTwoMinds blog, Here is hollowed-out America, an economy of ever-greater financial weal.....»»

"What's Moral Is What's Legal... And What's Legal Is For Sale" Authored by Charles Hugh Smith via OfTwoMinds blog, The anti-social carnage unleashed by Corporate America's "lock-in" / negative network effects has no real limits......»»

The Ultimate Heresy: Technology Can't Fix What's Broken Authored by Charles Hugh Smith via OfTwoMinds blog, Technology can't fix what's broken, because what's broken is our entire system.. The ultimate heresy in today's world isn.....»»

The Inevitable Bursting Of Our Bubble Economy Authored by Charles Hugh Smith via OfTwoMinds blog, All of America's bubbles will pop, and sooner rather than later. Financial bubbles manifest .....»»

How Deep Is The Rot In America's Institutions? Authored by Charles Hugh Smith via OfTwoMinds blog, Either we root out every last source of rot by.....»»

Authored by Charles Hugh Smith via OfTwoMinds blog, If we consider the long term, it's clear America's economy and society have been declining for the average household for 50 years. What if the "prosperity" of th.....»»

Authored by Charles Hugh Smith via OfTwoMinds blog, Here is the moral decay of America's ruling elites boiled down to a singl.....»»