Charles Hugh SmithThe Downside of Complacency: Illiquidity Evaporates Stocks and Real EstateWhen Alan Greenspan issued his mea culpa in late 2013 about missing the subprime mortgage implosion and the resulting Global Financial…1d ago1d ago
Charles Hugh SmithTwo Tidbits of Timeless Political Wisdom from MachiavelliNow that the air is thick with the burned-rubber stench of politics, let’s consider two tidbits of timeless political wisdom from…4d ago14d ago1
Charles Hugh SmithTwisters on the Horizon: Is This Decade a Re-Make of ‘That 70s Show’?I’ve often written about the 1970s, as it is a profoundly misunderstood decade in so many ways. As one example, the enormous expense of…Jul 19Jul 19
Charles Hugh SmithThe Roots of American Populism: Are Trump and Vance Populists?What does it mean to say a politician is a populist? Over 30 years ago, Christopher Lasch observed in his book The True and Only Heaven…Jul 17Jul 17
Charles Hugh SmithI Fear for Our NationI fear for our nation, and I am not alone. The echoes of the past are becoming louder, and I recall the decades between 1961 and 1981 with…Jul 14Jul 14
Charles Hugh SmithHere’s Our Big Problem: The Ratchet Only Moves Us Closer to the CliffIt’s tempting to personalize our problems, as those in power tend to possess all the traits that qualify one for immediate delivery to…Jul 121Jul 121
Charles Hugh SmithNo Reform or Leader Is Going to Save the Status Quo — We’re On Our OwnHumans prefer simplicity to complexity. This is why mythologies still resonate with us, despite our hubristic claims to rationality and…Jul 8Jul 8
Charles Hugh SmithLiving Well on Less Than $30,000 a Year — One American Family’s StoryWe see stories like this all the time: Survey: The average American feels they need to earn over $186,000 a year just to live comfortably.Jul 51Jul 51
Charles Hugh SmithIs It Possible to Live Well Earning $30,000 a Year in America? Yes — With These ConditionsIs It possible to live well on $30,000 a year in America? Let’s start with the raw numbers. I am starting with a couple, not an individual…Jul 31Jul 31