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    December 2009 entries:


    The Transition to Risk
    (December 31, 2009)

    Will China's Real Estate Bubble Pop the Global "Recovery"?
    (December 30, 2009)

    Why "Healthcare Reform" Is Not Reform, Part II
    (December 29, 2009)

    Why "Healthcare Reform" Is Not Reform, Part I
    (December 28, 2009)

    Why Interest Rates Will Rise in 2010
    (December 24, 2009)

    "Monetary Policy" Transfers Your Children's Future Earnings to the Financial Elite
    (December 23, 2009)

    Symbolic Economies: U.S. and China
    (December 22, 2009)

    Purchasing Power: The Only True Measure of Earnings And Wealth
    (December 21, 2009)

    Gift Ideas: Books for 2010 and Beyond
    (December 19, 2009)

    A Must-See Film and Must-Read Book
    (December 18, 2009)

    Survival+ Trends for 2010
    (December 17, 2009)

    Overcoming Depression in a Depression
    (December 16, 2009)

    Why a 35% Decline in Housing Values Would Be Good for the Nation
    (December 15, 2009)

    Speculative Demand and Hoarding Drive Real Prices Higher
    (December 14, 2009)

    The Work of Orestes A. Brownson (1893)
    (December 12, 2009)

    Federal "Stimulus" = Heroin
    (December 11, 2009)

    The World Is Too Complex (Guest essay by Subuddh Parekh)
    (December 10, 2009)

    Fragility and Resilience
    (December 9, 2009)

    What Must Be Addressed: Rising Abject Poverty
    (December 8, 2009)

    Absolutely Nothing Has Been Fixed
    (December 7, 2009)

    The One Report on ClimateGate You Should Read
    (December 5, 2009)

    Bearish Cross in NYSE Volume Suggests Rally Will Crumble
    (December 4, 2009)

    A Megaphone Announcing Extremes of Sentiment and Indecision
    (December 3, 2009)

    The Present Cannot Be Understood in the Present
    (December 1, 2009)


    November 2009 entries

    October 2009 entries

    September 2009 entries

    August 2009 entries

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    June 2009 entries

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    December 2008 entries

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    January 2008 entries


                                                                           





                                                                           


    All content, HTML coding, format design, design elements and images copyright © 2008 Charles Hugh Smith, All rights reserved in all media, unless otherwise credited or noted.


    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)

    "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)

    "Meaningful work and meaningful skills make a meaningful life, even if the work is unpaid." (CHS, March 6, 2009)

    "If you like eating, begin liking dirt." (CHS, April 6, 2009)

    "Either we restrict the foods we eat when we have a choice, or our diet will eventually be restricted by chronic diseases." (CHS, May 9, 2009)

    "Greed is a wonderful motivator but fear works much faster." (Riley T., Sept. 2008)

    "Democracy can be likened to two wolves and one lamb voting on what to have for lunch." (unknown source, submitted by Tim B.)

    "Every effort under compulsion demands a sacrifice of life energy." (Nikola Tesla, sunmitted by Kenneth R.)

    "In a time of drastic change it is the learners who inherit the future. The learned usually find themselves equipped to live in a world that no longer exists." (Eric Hoffer, submitted by Angry Saver)

    "In times of change, learners will inherit the earth." (Eric Fromm, submitted by Tom P.)

    "Do the thing and you shall have the power." (Ralph Waldo Emerson)

                                                                           




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