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The Cure for What Ails Us: Market Crash and Mass Defaults
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The Cure for What Ails Us: Market Crash and Mass Defaults

The system has reached extremes that can no longer be rebalanced by policy tweaks, borrowing another couple trillion dollars or inflating asset bubbles.

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Charles Hugh Smith
Nov 18, 2024
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The Cure for What Ails Us: Market Crash and Mass Defaults
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There are many possible answers to the question "what ails us?" but they all boil down to one reality: the socio-political-economic system has slowly transmogrified into one that benefits the few at the expense of the many by its very structure. There are many moving parts in this transmogrification, hence the multiplicity of answers to "what ails us?"

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