Charles Hugh Smith's Substack

Charles Hugh Smith's Substack

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What Happens When Optimization Is Itself the Point of Failure?
We've Optimized Fragility, Failure, Denial--and Rage.
May 18 • Charles Hugh Smith
2:14
We've Optimized Fragility, Failure, Denial--and Rage
What happens when optimization is itself the point of failure?
May 17 • Charles Hugh Smith
Inequality, AI and Digital Life Are Undermining Society
That society is on a terminal trajectory toward collapse is self-evident, as is our desire to evade acknowledging this distressing reality.
May 16 • Charles Hugh Smith
1:57
Are Inequality, AI and Digital Life Undermining Society? Yes.
That society is on a terminal trajectory toward collapse is self-evident, as is our desire to evade acknowledging this distressing reality.
May 16 • Charles Hugh Smith
In a Financial Crisis, Everyone Will Consider Themselves 'The Good Guys'
Should the state's finances enter a self-reinforcing death-spiral, the desperation will quickly reach a level in which nothing is off the table--no…
May 14 • Charles Hugh Smith
2:09
Remember: In a Crisis, Everyone Will Consider Themselves 'The Good Guys'
The state has two monopolies it must protect whatever the cost: the monopoly on decreeing what is legal tender and on force.
May 13 • Charles Hugh Smith
The Game Changes When US Treasuries Play a Reverse Card.
It would surprise quite a few players if US Treasuries play a Reverse card and capital flows out of current darlings and into Treasuries.
May 11 • Charles Hugh Smith
1:31
When US Treasuries Play a Reverse Card
Rather than being sold, Treasuries will be sought after for their safety, predictability and yield.
May 11 • Charles Hugh Smith
How Chaos Is Unleashed: When "Irrational" Makes Perfect Sense
Once fairness and honesty have been stripped out of a social order, social trust collapses. Once trust collapses, society disintegrates.
May 9 • Charles Hugh Smith
1:47
Chaos Unleashed: When "Irrational" Makes Perfect Sense
It's important to understand the dynamics of chaos before the certainties in our lives are swept away.
May 9 • Charles Hugh Smith
What Would Be Truly Bullish? How About Actually Fixing What's Broken
Promoting self-serving illusory "solutions" that only widen the asymmetries stretching the socio-economic fabric to the breaking point is not bullish.
May 6 • Charles Hugh Smith
1:58
What Would Be Truly Bullish? Actually Fixing What's Broken
Refusing to recognize, much less actually fix, what's broken hurries our collective rendezvous with consequences.
May 6 • Charles Hugh Smith
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