Hugh Smith: America Is Now A 3rd World Nation

Authored by Charles Hugh Smith via OfTwoMinds blog, The economic and financial stresses will exceed the workforce's carrying capacity in the next recession. A nu.....»»

Authored by Charles Hugh Smith via OfTwoMinds blog, The forced flight from unaffordable and dysfunctional urban regions is as yet a trickle, but watch what happens when a recession causes widespread layoffs in high-wage sectors. For hundreds of years.....»»

Authored by Charles Hugh Smith via OfTwoMinds blog, Extreme levels of debt and overvaluation characterize the entire global economy, and are not limited to any one nation or sector. Financial crises come in two flavors: .....»»

Authored by Charles Hugh Smith via OfTwoMinds blog, The entire world's ruling elite.....»»

Authored by Charles Hugh Smith via OfTwoMinds blog, The world's worst negotiating strategy is to make a crazy tulip-bu.....»»

Authored by Charles Hugh Smith via OfTwoMinds blog, Zombification / Japanification is not success; it is only the last despera.....»»

Authored by Charles Hugh Smith via OfTwoMinds blog, There is nothing intrinsically profitable about either robotics or AI. At the request of colleague/author Douglas Rushkoff (his latest book.....»»

Authored by Charles Hugh Smith via OfTwoMinds blog, Once again profound social and economic forces are changing the nation in ways that are difficult to understand in real time. The American Revolution arose not from politics but from r.....»»

The single family house made America the world's first suburban nation. Now it faces an uncertain future because of climate change -- and cost......»»

The single family house made America the world's first suburban nation. Now it faces an uncertain future because of climate change -- and cost......»»

The single family house made America the world's first suburban nation. Now it faces an uncertain future because of climate change -- and cost......»»

The single family house made America the world's first suburban nation. Now it faces an uncertain future because of climate change — an.....»»

The single family house made America the world's first suburban nation. Now it faces an uncertain future because of climate change -- and cost......»»

Authored by Charles Hugh Smith via OfTwoMinds blog, In America's feudal society/economy, there.....»»

Authored by Charles Hugh Smith via OfTwoMinds blog, Healthcare/sickcare will bankrupt the nation by itself. If you w.....»»

Authored by Charles Hugh Smith via OfTwoMinds blog, Scrape all this putrid excrescence off and we're left with a non-fantasy reality: everything is getting dicier by the day. If we look beneath the cheery chatter .....»»

Authored by Charles Hugh Smith via OfTwoMinds blog, Welcome to debt-serfdom, the only possible output of the soaring cost of .....»»

Authored by Charles Hugh Smith via OfTwoMinds blog, The real battle isn't betwe.....»»

Entrepreneurship is in Detroit's DNA. It's what turned it into one of America's most iconic cities, known the world over as the heart of both the nation's automobile industry and the birthplace of music's "MoTown sound" genre......»»

Authored by Charles Hugh Smith via OfTwoMinds blog, $8 per vial in competing developed-world nations and $38,892 in the U.S. That says it all. Thanks to decades of g.....»»