We cannot know that unintended consequences will always be destructive. Neither models nor projections have accurate track records in predicting the future.
It seems an appropriate time to re-examine why our ability to predict the future of co…
Tag Archive for Status Quo
Charles Hugh Smith, Contributors- Economic and Financial, Must Read
What Happens When All the Money Vanishes Into Thin Air?
by Charles Hugh Smith • • 0 Comments
Issuing debt and printing money do not create wealth. All they can create is a temporary illusion of wealth.
I could have written “if all the money vanishes,” but that would be misleading, for all unbacked money will most certainly vanish into thi…
Charles Hugh Smith, Contributors- Economic and Financial, Must Read
The Future Is Unknown, But We Know the Unsustainable Will Implode
by Charles Hugh Smith • • 0 Comments
There are no apolitical “personal choice” acts; there are only profoundly political acts of resistance or complicity.
I don’t how the future will unfold, not just because I’m an idiot but because it’s unknowable. Though we cannot know the …
Charles Hugh Smith
On Stress and our Fear of Change
by Charles Hugh Smith • • 0 Comments
We naturally fear change and transformation, but there is a more sinister source of our chronic stress.
Yesterday I addressed the stress created by the disconnect between official happy-talk and the reality we are experiencing: The Phony “Eco…
Bruce Krasting, Contributors- Economic and Financial, Must Read
On Sweet Deals and No Deals
by Bruce Krasting • • 0 Comments
I’m sure that everyone will be glad that executive compensation at Fannie and Freddie (F/F) has been cut. These are public companies that exist at the whim of the taxpayers. As such, the compensation for the folks pulling the levers at F/F should con…
Charles Hugh Smith, Contributors- Economic and Financial, Must Read
As Centralized Systems Devolve, The Solution Is Localism
by Charles Hugh Smith • • 0 Comments
Depending on Central State/central bank borrowing and spending to prop up the Status Quo is a doomed strategy.
I think the thread between these three seemingly disparate stories is clearly visible. I am indebted to longtime correspondent Joel…
Bears Chat, Best of the Forums, Contributors- Economic and Financial, Must Read
Why Oil Prices Are Headed Higher in 2012
by Bears Chat at The Wall Street Examiner • • 0 Comments
Americans have grown used to oil at $100 a barrel and paying more than $3 per gallon for gas at the pump. But don’t get too comfy — the price of filling up is probably going up in 2012.
Uncertainty in the Middle East, growing global demand, and a l…
Charles Hugh Smith
MF Global: When Belief in the System Fades
by Charles Hugh Smith • • 0 Comments
Faith in the Status Quo is fading fast, spurred on by the long line of critical dominoes toppled by MF Global.
Longtime correspondent Harun I. recently submitted an analysis by Karl DenningerThe Ongoing MF Global DISASTER (Market Ticker) and …
Bears Chat, Best of the Forums
14 Reasons why we should Nationalize the Federal Reserve
by Bears Chat at The Wall Street Examiner • • 0 Comments
One of the most important steps that we could take to bring prosperity back to America would be to nationalize the Federal Reserve. Doing so would allow the federal government to quit borrowing money, dramatically reduce taxes and eventually pay of…
Bears Chat, Best of the Forums
The Truth Is Going Global
by Bears Chat at The Wall Street Examiner • • 0 Comments
A chance encounter with a night clerk in Paris offers insight into the power of truth and the World Wide Web.
Amidst the endless flood of propaganda (“there is no recession, Europe is about to fix all its problems in one fell swoop, a new Bull mar…
