December 2008 Entries:
Trends for 2009: The Web Dismantles Old Media
(December 31, 2008)
Trends for 2009: The Rise of Informal Work
(December 30, 2008)
The Death-Spiral of Local Government and Small Business
(December 29, 2008)
Productive and Unproductive Capital
(December 27, 2008)
What's Up/Down with Oil?
(December 26, 2008)
The Last (Consumerist) Christmas in America
(December 24, 2008)
U.S. Schizophrenia on China
(December 23, 2008)
Infrastructure and War
(December 22, 2008)
Two Comments
(December 20, 2008)
Has Capitalism Failed?
(December 19, 2008)
Asymmetric Risk, Bicycles and SUVs
(December 18, 2008)
A Look at U.S. Bonds
(December 17, 2008)
First Step: Triage
(December 16, 2008)
Risk, False Productivity and the Ecology of Starvation
(December 15, 2008)
The End of Leverage
(December 13, 2008)
End of Work, End of Affluence V: Government--Reinvention or Insolvency
(December 12, 2008)
End of Work, End of Affluence IV: Crime and Prohibition
(December 11, 2008)
End of Work, End of Affluence III: The Rise of Informal Businesses
(December 10, 2008)
End of Work, End of Affluence II: 3 Ways to Lower the Cost of Housing
(December 9, 2008)
End of Work, End of Affluence I: Cascading Job Losses
(December 8, 2008)
Two Poems
(December 6, 2008)
End of Work, End of Affluence
(December 5, 2008)
An Adversarial Culture: Auto Industry Bailouts
(December 4, 2008)
Starvation and a Quiet Revolution
(December 3, 2008)
Real Estate: Back to 1981?
(December 2, 2008)
Coming Soon to a Market Near You: A Huge "Obama Spring" Rally
(December 1, 2008)
Book Notes: My "little book of big ideas,"
Weblogs & New Media: Marketing in Crisis
is now available on amazon.com for $10.99.
New Kindle edition available for only $4.
Weblogs & New Media: Marketing in Crisis
(This version is downloaded electronically to Amazon's Kindle reader device.)
"Charles Hugh Smith's Weblogs & New Media: Marketing in Crisis is one of the most
important business analyses I have ever read. It is the first to squarely face
converging global crises from a business perspective: peak oil, climate change,
resource depletion, and the junction of key social cycles will radically alter
the business landscape in coming decades...."
"This guy is THE leading visionary on reality.
He routinely discusses things which no one else has talked about, yet,
turn out to be quite relevant months later."
--An anonymous comment about CHS posted on another blog.
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To all the readers of oftwominds --
I hope you’ll agree with me that oftwominds is extraordinary. There are very few sites on the web (free or pay) that offer the information found here.
Charles graciously shares his knowledge and insights which have shown to be incredibly prescient. For example, readers know he has long warned about the serious downturn in the economy and the collapse of the housing bubble. Most recently, he warned readers about an imminent stock market crash that began less than 48 hours later. In addition to financial and economic information, he entertains us with haikus and other assorted postings.
Charles has freely given both his time and money to maintain this website in an effort to inform others. The cost of doing so is not insignificant and is certainly difficult for a man of modest means.
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The future holds many surprises. Hopefully, Charles will continue to
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November 2008 entries
October 2008 entries
September 2008 entries
August 2008 entries
July 2008 entries
June 2008 entries
May 2008 entries
April 2008 entries
March 2008 entries
February 2008 entries
January 2008 entries
Heroes and Heroines of New Media--2008
Financial contributors who have made multiple donations to this modest site or a donation of
$40 or more this year. If such a generous madness strikes you, I offer you a small token of my appreciation:
a signed copy of any of my seven books.
Thank you for your ongoing support and encouragement.
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Eugenio M. (4 donations) | Ana S. | John I. (2 donations) |
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David D. | Kristjan H. | Steven H. |
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Our Financial Contributors--2008
Thank you all for your gracious and
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| Darrell C. | Cathleen M. | Steve T. |
Rod C. | Gregg S. | Matt S. |
| Don E. | Nathaniel H. | Knowel M. |
D.M.T. | Kelly M. | Michael S. |
| Cyril O. | Reed H. | Lloyd L. |
Steven W. | Lee B. | Scott M. |
| John R. | William R. | Charles W. |
Patricia and Darrin W. | John B. | Philip P. |
| William S. | Alexander P. | Richard M. |
Banyan Ocean LLC | Ken E. | Ian M. |
| Wesley C. | Matthew G. | Narendra P. |
Don E. (2nd donation) | Alberto R. | John S. |
| William S. (2nd donation) | G.D.F. | Somesh G. |
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Alberto R. (2nd donation) | Eric A. | John R.B. |
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| Don E. (3rd donation) | Jeff O. | Tom S. (3rd donation) |
Shannon W. | Steven R. | Eugenio M.(2nd donation) |
| D.M.T. | Joseph V. | John M. |
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Alberto R. (2nd donation) | Cheryl A. (2nd donation) | Ben G. |
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Eugenio M. | Colleen M. | Brecon Q. |
| Michael M. | Alfred C. | Dan L. |
Jeff C. | William C. | John K. |
| Gavin G. | Robert D. | Tom S. |
Alberto R. | Alexander P. | Edward M. |
| Gregory D. | Tom I. | Michael A. |
Stephen A. | Ron P.D.L. | Peter B. |
| David C. | Cudick A. | Cheryl A. |
Don E. | Ron H. | Delsina M. |
| Dennis C. | Mary S. | Norman H. |
Steve R. | Cort K. | Lynelle F. |
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Extra-Special Bonus Aphorisms:
"There is no security on this earth; there is only opportunity."
(Douglas MacArthur)
"Economic history is a never-ending series of episodes based on falsehoods and lies, not
truths. It represents the path to big money. The object is to recognize the trend whose
premise is false, ride that trend, and step off before it is discredited." (George Soros)
"To endure is greater than to dare; to tire out hostile fortune; to be daunted by
no difficulty; to keep heart when all have lost it -- who can say this is not
greatness? (William Makepeace Thackeray, recommended by U.Doran)
"Daydreams of a fair world which would treat him according to his real worth are
the refuge of all those plagued by a lack of self-knowledge." (Ludwig von Mises)
"The way of the Tao is reversal." (Lao Tzu)
"Chance favours the prepared mind." (Louis Pasteur)
"It is neither necessary to hope to undertake, nor to succeed to persevere."
(William of Orange)
"You must have a willingness to do something when everyone else is petrified.
You must learn the lesson of following logic over emotion." (Warren Buffett)
"Success consists of going from failure to failure without loss of enthusiasm."
(Winston Churchill)
"Where there is ruin, there is hope for treasures." (Rumi)
"May a fair road always be open to you." (CHS, April 2, 2006)
"A healthy homecooked family meal and a home garden are revolutionary acts."
(CHS, May 2008)
"Greed is a wonderful motivator but fear works much faster." (Riley T., Sept. 2008)
"You don't miss what you no longer want." (CHS, August 2008)
"Food is wealth, health is wealth, energy is wealth; all else is illusion."
(CHS, December 15, 2008)
