Charles Hugh Smith's Substack

Charles Hugh Smith's Substack

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Charles Hugh Smith's Substack
Charles Hugh Smith's Substack
The Ghetto-ization of American Life

The Ghetto-ization of American Life

Behind the facade of normalization, even high-income lifestyles have been ghetto-ized.

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Charles Hugh Smith
Apr 25, 2024
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Charles Hugh Smith's Substack
Charles Hugh Smith's Substack
The Ghetto-ization of American Life
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Consider the defining characteristics of a ghetto:

1. The residents can't afford to live elsewhere.

2. Everything is a rip-off because options are limited and retailers / service providers know residents have no other choice or must go to extraordinary effort to get better quality or a lower price.

3. Nothing works correctly or efficiently. Things break do…

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