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Globalization and China: Neoliberal Capitalism's Last "Fix"
(June 29, 2009)

Saturday Quiz: Why Is the Headline Unemployment Rate Bogus?
(June 27, 2009)

Domino Devolutions: Credit, Assets, Spending, Taxes, Jobs
(June 26, 2009)

More on Devolution
(June 25, 2009)

Good Cop, Bad Cop: Obama, Bush and Iraq
(June 24, 2009)

Devolution: 20 Predictions
(June 23, 2009)

The New U.S. Bill of Rights and Two Charts
(June 22, 2009)

Saturday Haiku and More on Spoiled Brat Syndrome
(June 20, 2009)

California's Crisis Will Crush Green Shoots Rally
(June 19, 2009)

Pavlov's Dog and Jim Cramer's Call of the Bottom in Housing
(June 18, 2009)

Incentives, Disincentives and Spoiled Brat Syndrome
(June 17, 2009)

A Skeptical Look at High Inflation
(June 16, 2009)

8800/950 or Bust; The Dollar Set To Rise?
(June 15, 2009)

Anatomy of a Quadrillion Dollar Scam: Assessing the Damage and Making Our Way in a Post-Gluttony Era (guest essay)
(June 13, 2009)

Food and Energy Are Still Too Cheap
(June 12, 2009)

The Dollar Conundrum: Poison or Cure?
(June 11, 2009)

A Top-Level Economy Based On Credit/Consumption
(June 10, 2009)

Eating the Seed Corn
(June 9, 2009)

Three Perverse Incentives That Sank the U.S. Economy
(June 8, 2009)

Carrying Capacity, Demographics and Easter Island's Die-Off
(June 6, 2009)

Booms, Manias, Windfalls and Die-Offs
(June 5, 2009)

Why the Present Depression Will Be Deeper than the Great Crash of 1929
(June 4, 2009)

Learning from the Great Crash of 1929
(June 3, 2009)

What's Wrong with California
(June 2, 2009)

On Preparing for a Reasonably Easy Passing
(June 1, 2009)

May 2009 entries

April 2009 entries

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)