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What Orwell and Huxley Got Wrong and Kafka Got Right

By Charles Hugh Smith What Kafka got right is how societies can become busily dysfunctional. For self-evident reasons, the fictional visions of Orwell and Huxley...

What Orwell and Huxley Got Wrong and Kafka Got Right

If AI Is So Great, Why Is Managing the Digital Realm Eating Us Alive?

By Charles Hugh Smith The financial analysts gloating over the prospect of higher corporate profits resulting from firing workers overlook the collapse of customer satisfaction,...

If AI Is So Great, Why Is Managing the Digital Realm Eating Us Alive?

The Fed’s Empire of Speculation and the Echoes of 1929

By Charles Hugh Smith Speculation has its own expiration dynamics, and they don’t depend on us recognizing speculative excess for what it is. They will...

The Fed’s Empire of Speculation and the Echoes of 1929

Irony Alert: The American Dream Is Only Affordable Overseas

By Charles Hugh Smith This is not to suggest living/working overseas is a panacea or easy–it isn’t. There is an inescapable irony in The American...

Irony Alert: The American Dream Is Only Affordable Overseas

What Happens When Millions of Renters Can No Longer Afford High Rents and Move Back Home?

By Charles Hugh Smith What’s no longer affordable is eventually jettisoned, including high-rent homes and apartments. Recency bias can stretch back 40 years. It’s been...

What Happens When Millions of Renters Can No Longer Afford High Rents and Move Back Home?

What’s It Take To Be Middle Class Now?

By Charles Hugh Smith Can an economy in which 10% of the households qualify as middle class claim to offer widespread opportunities for secure prosperity?...

What’s It Take To Be Middle Class Now?

How Much Do You Spend on Food?

By Charles Hugh Smith Maybe the question isn’t just “how much do you spend on food,” but “what value are you getting for what you...

How Much Do You Spend on Food?

Lowering Risk as We Enter Forced Frugality

By Charles Hugh Smith If things unravel, these risk-reduction strategies quickly shift from “nice to have” to “essential.” But by then, it will be too...

Lowering Risk as We Enter Forced Frugality

When Shelter Becomes a Speculative Asset, Society Unravels

By Charles Hugh Smith Does anyone really believe that the renunciation of massive, sustained stimulus of speculation in housing would leave housing valuations unchanged because...

When Shelter Becomes a Speculative Asset, Society Unravels

September 1, 2025: Fed Reaches Inflation Target, Cheese Sandwich Costs $120

By Charles Hugh Smith Editor’s Note: This article is satire … possibly. In stock market news, toilet paper manufacturers continued rallying while tech and luxury-brand...

September 1, 2025: Fed Reaches Inflation Target, Cheese Sandwich Costs $120

The Airbnb Bubble Popping Will Pop the Housing Bubble

By Charles Hugh Smith This is how bubbles collapse: the “vital few” 4% sell at whatever the market will bear, pushing prices down, and the...

The Airbnb Bubble Popping Will Pop the Housing Bubble

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