OPEC meets amid weak outlook, Iran tensions (via AFP) OPEC ministers gather this week in Vienna to review cartel’s oil output levels against the backdrop…
Our choice is simple: either continue on the State-cartel path of complexity and rising costs that leads to a death spiral, or re-energize the forces of the market and community.
We are constantly told all our problems are too complex to be ad…
The following is the executive summary of this week’s report to subscribers.To read the reports risk free for 30 days (one time only), click here.…
How well will Bernanke’s new “sterilized QE” idea work to support the bond market while reigning in inflation? Not well at all. Let us count the ways (and the unintended consequences)…
Crony capitalism uses its wealth to impose government regulations designed to hinder, cripple and destroy small business competitors.
In the U.S. we now have the perfection of cloaked crony capitalism: corporate cartels use their vast concent…
All attempts to reform the Status Quo of advanced finance-based Capitalism will fail, as its historically inevitable crisis is finally at hand.
It is self-evident that conventional economics has failed, completely, utterly and totally. The two comp…
The great cold lie at the heart of present-day America is that the nation will magically benefit if we each single-mindedly pursue our self-interest to the exclusion of all else. The idea has a sleek quasi-free-market sheen, as it borrows the market…
Students and parents, wake up: your only salvation lies in political engagement and action.
Of all the exploitative systems in the U.S., none is more rapacious than the Education Cartel. Like the proverbial frog that is unaware that it’s being b…
The latest from Charles Hugh Smith…
Financialization and centrally planned speculative credit bubbles have undermined the real economy: that’s why things are falling apart. There is no pleasure in “I told you so” when things fall apart. Many of us…
