charleshughsmith.blogspot.com / CHARLES HUGH SMITH / WEDNESDAY, JANUARY 21, 2015
We are so brainwashed by centralized models of state authority that few can even imagine a system where the solution is not one centralized monstrosity ruled by a political/financial Aristocracy but a competing profusion of opt-in, transparent solutions.
Many readers ask me for solutions to […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / TUESDAY, JANUARY 13, 2015
When the citizenry cease to believe the lies, the nation suffers a nervous breakdown.
Last week I used the phrase National Nervous Breakdown without clarifying its meaning. (The War on Our Intuition That Something Is Fundamentally Amiss)
By National Nervous Breakdown I do not […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / THURSDAY, JANUARY 08, 2015
What will you accept as real–your intuition that something is deeply amiss in America, or the official propaganda that all is well?
In 1967, the rock group Buffalo Springfield recorded a song titled For What It’s Worth which speaks not just to the late […]
charleshughsmith.blogspot.com / Jeff W. / WEDNESDAY, JANUARY 07, 2015
To question money-printing as the one-size-fits-all solution to every economic problem is to question the power structure of the status quo.
It is tiresomely obvious that we live in an era dominated by the idea that virtually all economic difficulties can be fixed by printing […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / THURSDAY, JANUARY 01, 2015
It is clear that we need both practical plans of action for individuals and households and systemic alternatives to the present dysfunctional and doomed status quo.
Occasionally readers inquire about the meaning of this blog’s title, Of Two Minds. There are several answers, but […]
zerohedge.com / by Tyler Durden / 11/12/2014 08:47 -0500
As the West (US and its pressured allies) attempt to ‘isolate’ Russia more and more, the inevitable cornering further and further incentivizes Putin to develop alternatives to the status quo. In the past,western sanctioners have sabre-rattled cutting off Russian from SWIFT – the international inter-bank […]
goldcore.com / By Mark O’Byrne / 20 October 2014
The European status quo and EU elites are becoming increasingly concerned by popular calls in Italy for Italy to leave the European Monetary Union and the euro “as soon as possible” and return to the lira.
Beppe Grillo, the leader of Italy’s […]
zerohedge.com / by Chris Martenson / 09/27/2014 21:04 -0400
~ Walking straight in a hall of mirrors
I have to confess, it’s getting more and more difficult to find ways of writing about everything going on in the world.
Not because there’s a shortage of things to write […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / THURSDAY, SEPTEMBER 25, 2014
The incestuous embrace of privilege and power by entrenched, socially isolated Elites characterizes failed states and brittle, doomed regimes throughout history. Every system is optimized to serve a specific purpose. As noted in my recent essay What Metric Are We Optimizing For?, […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / MONDAY, AUGUST 25, 2014
The Status Quo is dysfunctional because its model of how the world works is broken.
Much has been written about the dysfunction in Washington D.C. Pundits have been wringing their hands for years over the rise of bitter partisan politics and […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / SUNDAY, AUGUST 24, 2014
The Status Quo is desperate to mask the declining fortunes of those who earn income from work, and the Misery Index 2.0 strips away the phony facade of bogus unemployment and inflation numbers.
The classic Misery Index is the sum of unemployment […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / WEDNESDAY, AUGUST 13, 2014
The hard limits are hidden, and we will discover them only when it’s too late to modify the self-destructive behavior and policies we’ve pursued as “safe” and “forever.”
Why do hard limits matter? Because we only change when we’ve run up against them. […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / WEDNESDAY, JULY 30, 2014
The Fed’s substitution of debt for income has only doomed the nation to a deeper, more painful realignment of real income and expenses. The economic “recovery” has been based on a simple premise: debt can be substituted for income with no ill effects. As real […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / MONDAY, JULY 21, 2014
Depending on blowing the next bubble to temporarily prop up the economy is the height of foolhardy shortsightedness. All the conventional policy fixes proposed by Demopublican politicos, technocrats and the vast army of academic/think-tank apparatchiks are the equivalent of slapping a coat of paint on […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / MONDAY, JULY 14, 2014
Even if the economy were growing at a faster pace, it wouldn’t come close to offsetting the interest payments on our ever-expanding debt. If you want to know why the Status Quo is unsustainable, just look at interest and debt. These are not difficult to […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / WEDNESDAY, JULY 09, 2014
Those who own the resources and influence the political control of those resources are the New Nobility in a pernicious Neofeudalism enforced by the very government that claims to serve the debt-serfs and tax donkeys. Let’s tease apart several strands of Neofeudalism, my […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / SUNDAY, MAY 18, 2014
Truth is the first victim of the Company Store’s dominance.
My view of the Status Quo as a neocolonial, neofeudal arrangement is succinctly captured by correspondent D.C.’s description of state-corporate capitalism: the Company Store. In the plantation model (i.e. any economic setting dominated by […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / TUESDAY, APRIL 22, 2014
This is how empires collapse: one complicit participant at a time. Before an empire collapses, it first erodes from within. The collapse may appear sudden, but the processes of internal rot hollowed out the resilience, resolve, purpose and vitality of the empire long before […]