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Why Is Everything Such a Hot Mess?
Nobody believes that "doing more of what's failed" will actually fail, because to date it's only made insiders rich.
Jan 12
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Charles Hugh Smith
48
7
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Why the World Is Crazy
This context allows us to think the "problem" is "money" rather than the vast asymmetries of scale, cost and risk.
Jan 10
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Charles Hugh Smith
41
11
7
The Perverse Incentives Dominating Our Lives
The net result of these perverse incentives is an Internet that is increasingly toxic and untrustworthy.
Jan 8
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Charles Hugh Smith
36
4
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We Can Discern Cycles and Waves, But Not the Outcomes
Which brings us to the present and the cycles and waves that have yet to reach the concluding third act, where the dramatic climax leads to resolution.
Jan 6
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Charles Hugh Smith
29
10
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Channeling Napoleon and Chou En-Lai
Where things will stand in three years in unknown. A little humility might serve us well, for it is indeed too soon to tell about a great many things.
Jan 4
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Charles Hugh Smith
40
5
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The Demise of Credentials
The value of sitting in classrooms and doing homework to prove one's readiness to function in the "knowledge" economy has fallen off a cliff.
Jan 3
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Charles Hugh Smith
49
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Pretense, Staging, Expediency: the "Solutions" That Implode the Whole Shebang
Slapdash quick fixes and policies share one characteristic: they eventually implode the whole shebang.
Jan 1
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Charles Hugh Smith
46
10
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Everyone's a Lender Now: Shadow Banking USA
How much private credit has been put in place but isn't in the official credit total is unknown and very likely unknowable. That means total systemic…
Dec 29, 2025
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Charles Hugh Smith
40
6
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Charles Hugh Smith's Substack
Choosing economic self-reliance, navigating global instability and degrowth, managing burnout, invest in yourself.
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