---

Housing: the Steeplechase Analogy
(April 30, 2009)

Propaganda: We Are Complicit
(April 29, 2009)

The U.S./Global Economy Already has the Flu
(April 28, 2009)

Swine Flu and The Economy: Disconnect or Tipping Point?
(April 27, 2009)

Madoffing the U.S. Financial System
(April 25, 2009)

China: Ascendant Superpower Or Just Another Nation with Structural Problems?
(April 24, 2009)

Look Out Below
(April 23, 2009)

Obama's Secret Plan
(April 22, 2009)

Why Housing Is Not Coming Back
(April 21, 2009)

More on Trend Changes and Leveraged ETFs
(April 20, 2009)

Is the Financial Tide About to Ebb?
(April 18, 2009)

Why a 50% Drop in Housing Is Not the Bottom
(April 16, 2009)

The Titanic's Great Pumps Finally Fail
(April 15, 2009)

Scalability Gaps
(April 14, 2009)

The Stock Market: Poised for a Pause--or a (Brief) Reintroduction to Panic
(April 13, 2009)

Reader Comments on When Belief in the System Fades
(April 10, 2009)

Survival+ 10: When Belief in the System Fades
(April 9, 2009)

A Meandering Update
(April 8, 2009)

Survival+ 9: Squeezing the Middle Class
(April 7, 2009)

Survival+ 8: The Forces Behind Cycles of History
(April 6, 2009)

Survival+ 7: Simulacrum and the Politics of Experience
(April 3, 2009)

Survival+ 6: The Politics of Experience
(April 2, 2009)

Survival+ 5: Trends and Cycles of History
(April 1, 2009)


March 2009 entries

February 2009 entries

January 2009 entries

December 2008 entries

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


                                                                       





                                                                       


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)

"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)